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


To: James Thompson who wrote (12373)8/5/1999 10:02:00 AM
From: AmericanVoter  Read Replies (1) | Respond to of 19700
 
the one good thing about current market situation is that, if you have your holdings in an IRA or 401K and have been thinking of moving them to a ROTH IRA now is the best time to minimize your tax liability...

hey, you got to try to see positive in every situation...

best regards
amein



To: James Thompson who wrote (12373)8/5/1999 5:44:00 PM
From: James Thompson  Read Replies (2) | Respond to of 19700
 
My E-mail to CNBC this morning.

Mark Haines August 5, 6:53 AM PDT just made the comment that NASDAQ is down only 10% off its highs, and because of that “…its not like real money is being lost.” I beg to differ. For investors like me and thousands of others who have been buying and holding Internet stocks such as AOL, CMGI, the money is very real. For him to make such a statement on the air was a gross display of ignorance and insensitivity. I am sure that he is happy. He has been consistently critical of the net sector. But believe me, the money that I and others have lost in the last few hours and days did not come with a Monopoly board.

Please pass my regards on to Mark.

Jim Thompson

Postcript: I did make some reasonable gains today on the new positions of MSGI and CMGI that I took today. I am trusting that we saw a genuine bottom today.