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


To: mike machi who wrote (15536)1/6/2000 7:46:00 PM
From: HG  Read Replies (2) | Respond to of 19700
 
Mike,

Nothing keeps going up forever. It is for those reason I had mentioned in mid Dec that maybe it was time to have a healthy little pullback back - the higher it goes without a pullback, the further it falls.......and longer it takes to move on....remember my comments that it needs to have those puts piled up ahead ????

A lot of people on this thread thought I was being stupid.... :-) A lot of people get hurt because of our collective greed. Imagine those who bought at 350 !!!!!

This overdue correction may actually take weeks, maybe months to unfold....Having said that, it is doubtful that CMGI would suddenly become a laggard stock. What was true of it @350, will be true of it @200. It continues to be a leader in my opinion. Just wait out the consolidation or sit it out in the sidelines !!!

Same time next year it would be much higher !!!



To: mike machi who wrote (15536)1/6/2000 7:48:00 PM
From: Paulh  Respond to of 19700
 
Amidst today's carnage were 2 items to be positive about. CMGI company ENGA has broken out and ended just under $70 and MSGI finally closed above $20. While I didn't need another buying opp, I bought again at $260 and will buy more tomorrow if given another dreaded opportunity. This sell off seems like overkill to me.

Good luck all CMGI longs,

Paul