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

To: Brian Moore who wrote (14159)	11/17/1999 9:58:00 PM
From: Brian Malloy	Read Replies (2) \| Respond to of 19700

I sent a PM today and kept a copy just in case: 1. The Technicals have shown the following over the last two months. The chart at the link below has been building for a while. But coming off the Sep lows you see higher lows moving toward the present. At the same time you see lower highs. If you connect the lines you get a converging triangle pattern, a flag. It generally means a move to the upside or a fall to the downside. siliconinvestor.com. 2. What can cause a break out of the flag? Good news can take up out of consolidation while bad news can take you down. Last week CMGI says they will be presenting at an analyst internet conference this coming Thursday. -CMGI longs that know this company understand that DW has been executing his game plan to a T. Alta Vista is up and running better than ever before, we don't have to worry about being classified as a Mutual Fund. Recent CMGI IPO's have been performing well and more are in the pipeline, in particular Alta Vista in March. CMGI is building itself into an internet conglomerate, I think of it as analogous to GE but in the internet space. -The other Blue Chip Inets are moving but CMGI was stuck in a narrow trading range. Retail investors that call themselves long are getting worried and talk of bailing yet the stock is up 500% in the last 50 weeks and the fundamental CMGI story is only getting stronger. A major disconnect with reality in my opinion and indicative of a bottom. -Analysts tend to like pure plays because it is easier to place a value on them. Most will agree there is a lot of value in CMGI but they are unsure of how to value it. DW will help to clarify things this Thursday. -Yesterday the news stories about CMGI start to look favorable -After the market closes we hear CMGI and AOL being talked of in the same breath. Some of the more astute analysts know that this is a great opportunity to enter CMGI so why wait till Thursday when all the good news will begin to trickle out. Raise targets Wed morning and then on their resume they can put recommended CMGI at $103 and stock is at $200 six or twelve months later. -The rest will be history To me, all the parts were falling into place and I expected the meeting this Thursday to be the catalyst for upgrades and reason for the stock to head North. This is why I had my post ref: "appetizers" yesterday. Two analysts just happened to serve up the main course a day early. This type of pattern is played out over and over again in the markets. Regards,