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

To: Hands Off who wrote (13930)	11/4/1999 4:42:00 PM
From: Mark Peterson CPA	Respond to of 19700

This probably sounds stupid but I feel that one day we are all going to wake up and the stock will either be at $300 or $30 and some of us will be wondering how we missed it. I am betting on the extra 0. Marshall, so am I, so am I.... Mark

To: Hands Off who wrote (13930)	11/4/1999 5:01:00 PM
From: Cathedra	Respond to of 19700

CMGI is, IMHO, in a coiling formation that cannot be rushed. (Kind of like good wine, <g>.) If the formation holds, we can expect its trading range to become narrower and narrower in the coming days. Then, it will make a decisive break from 107-108. My bet is that it is upwards. Then, 110 and 115 will be history in no time, and the challenge will be whether CMGI has enough steam to blow out 125. Should the coiling resolves in the other direction, 95 is very solid support. Depending on your investment objectives, these are the price targets to look out for. In any case, you have to give it a little more time.