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

To: Micawber who wrote (12304)8/3/1999 11:26:00 AM
From: bargainman  Respond to of 19700
 
<<You can tell these are all very low-basis holders here.>> Still, it's no fun to see one's paper profits turning to confetti. No point in railing against The Market itself. It is what it is. The sector probable won't rebound until the big guys start demonstrating the awesome profit potential we believe is there and the long bond yield moves well below 6% again. Until then I wait, and will start buying CMGI again in the mid-70s.



To: Micawber who wrote (12304)8/3/1999 11:58:00 AM
From: Zeem  Respond to of 19700
 
Brian hope you took a little off the table last time we spoke!? I can see some value in buying CMGI in the sixty to seventy dollar range sometime in October thru January (after Y2K psychology).

In the grand scheme, we have had great upturns in the past with even higher interest rates 1993 thru 1996. This scare is shear investor psychology. It will just be a blip five years from now.

Best luck to you and yours....

Zeem


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