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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: AmericanVoter who wrote (12110)7/26/1999 11:32:00 AM
From: Zeem  Read Replies (4) | Respond to of 19700
 
RE: whether it drops farther or not, does not worry me.
Well actually the stock can go on forever dropping 3% a day until we hit zero. I thought we would have leveled off at 95-103 but, looks like this dog is headed to the mid eighties in six to seven months I see this stock trading in the 50 dollar range. I have stopped all buys on this stock (throwing more money after bad).




To: AmericanVoter who wrote (12110)7/26/1999 1:50:00 PM
From: im a survivor  Read Replies (1) | Respond to of 19700
 
Oh yes, I surely remember the dream on sucka comment when I said I expect to see mid $90's pretty soon. No I haven't bought yet because I don't think we are near a bottom yet. But you are correct....in the long run, it doesn't really matter because this is a quality stock, but I am still going to wait awhile and see how things go. All indicators are still pointing heavily downward...another 10 points is not only feasible, but probable, and I will not be the least surprised if we see the $70's.

Good luck to all.....