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

To: baney who wrote (12748)	8/27/1999 12:48:00 PM
From: Stephen M. DeMoss	Respond to of 19700

Cnbc said the second tier internets are doing well today but the first tier are down on interest rate concerns<G>. They make up reasons to fit situations. I am dissapointed with the lack of movement in CMGI today. However, I have been in internet stocks long enough to know how quickly things can change. Don't try to make sense of it. If you like the company, stay with it. A year ago I owned LYCOS at 24. It sat there while the rest were rallying strongly. For no apparent reason, it took off and did not stop till over 100. I owned AOL earlier this year. It sat on a day when the markets were rallying. In the last 20 minutes of the trading day, AOL went from 103 to 120, and closed at 117. With a light float stock like CMGI, when it is time for it to move, it will be up 30 points in a few days. Its also the end of August. I see September as the month we make a strong move. Inflows of cash continue in the market and it has to go somewhere. Be patient. Steve D.