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

To: badon518 who wrote (12734)	8/26/1999 5:06:00 PM
From: Scarecrow	Read Replies (1) \| Respond to of 19700

The nasty afternoon sell-offs (what, $6+ off intraday high?)aren't going anywhere soon. Still, there's a lot to like about today's action: 1. Major forward progress in the face of a Nasdaq / Dow decline. 2. Great volume, which would indicate some staying power/resistance level.

To: badon518 who wrote (12734)	8/26/1999 5:11:00 PM
From: Stephen M. DeMoss	Respond to of 19700

Yesterday and today, however, CMGI actually recovered going into the close. I wanted above 90 today but am actually encouraged with a nice gain on better than average volume. After hours several companies, including intuit (7cents above estimates) were trading up. Ebb and flow is my opinion on today's trading. I think the bias is now to the upside. With earnings coming out shortly (2 weeks?), I think (if the general market continues trading up) as short interest comes into play, we will conservatively see 100-110. The question is if momentum continues! Steve D.