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

To: PAL who wrote (12336)	8/4/1999 1:04:00 PM
From: bargainman	Read Replies (1) \| Respond to of 19700

CMGI is both unique and vulnerable to market sentiment. As PAL notes, it is not just an internet stock, but the sum of many other internet stocks. When the sector suffers as a whole, the effect on CMGI is going to be magnified. Contrary to a previous poster's crude observation, CMGI is not a "piece of shit." At least no more than any other internet stock caught in this maelstrom. We are now at half of our 52 week high. But so are AOL, YHOO, GNET, LCOS and virtually any of the major internets. We must be realistic. We benefitted from a genuine speculative bubble early in the year that fed on itself and created even more unrealistic expectations. Now that we are coming down to earth we can deal with the fundamentals in a less breathless way. I see a great future for CMGI and its more patient shareholders. Those who got in looking for a quick buck have impaled themselves on their own swords. Pigs get fat. Hogs get slaughtered.

To: PAL who wrote (12336)	8/4/1999 1:31:00 PM
From: Jill	Respond to of 19700

Paul...did you ever expect it to go this low? How does this affect that famous play of yours? My cost basis is 63. I never expected to see it back in the 70's. How much short interest is there? I can't believe there is just mass selling. I have to believe internuts are being shorted right now because of interest rate jitters. If I knew how to short I would but I have no sense of how to read the market on downticks. Jill