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

To: marcos who wrote (15669)	1/9/2000 8:18:00 PM
From: bubbarayjr	Read Replies (1) \| Respond to of 19700

Marcos, I'm not short CMGI. You can get better odds at a casino. I do believe the dotcom segment of the market is way over bought.

To: marcos who wrote (15669)	1/9/2000 8:26:00 PM
From: stock_bull69	Read Replies (1) \| Respond to of 19700

From equity alert: What do YOU do when Nasdaq posts its best ever point increase, only days after one of its biggest one-day tumbles in history? How about taking advantage of the volatility! Was this week's ride on the Nasdaq just fun, or was it profitable also? The answer to that depends on whom you ask. For example, The Economist attributed this week's "sell-off" to mostly institutional selling that sent the shares tumbling this week." And as usual, while market intellectuals are "debating" whether Nasdaq's earlier 10% drop constitutes the "end of the Internet bubble", active day traders are focusing on profits! Thomas Weisel Partners Director of Equity Trading, Timothy Heekin, comments, "A lot of people got the fake out." Of course, he's referring to the typical, knee-jerk reaction that many investors engage when faced with violent market swings. Heekin also, is no doubt referring to the subsequent record setting, 4.2% (or 155.50 points) gain the Nasdaq Composite Index recorded. While the recovery is impressive, traders are closely monitoring key events this upcoming week, jostling for profit positions. Among these, is the immediate direction of the S&P500 following the recent 38-point gain, and some very special earnings numbers expected; most eagerly anticipated is YHOO. (See EquityAlert.com's list of upcoming IPOs, Earnings, Splits, and more below.) Citing earnings, most bulls contend that the jittery fears of the "pundits" are unfounded, and instead, fourth quarter numbers will likely fuel the market even more aggressively. The bears claim that nearly 72% of companies issuing announcements prior to scheduled earnings are reporting "smaller profits" or "bigger losses" than expected. What they are NOT considering is that the proportion of negative earnings announcements is at its lowest level in five years, and traders and institutions are participating in the market in record numbers, executing record trades, and posting record returns! Joe Abbott, Chief Equities Strategist for I/B/E/S International Inc says it best in the New York Times, "If the pattern holds, we would expect a positive earnings surprise of 4% beyond current forecasts. We are very optimistic." This week will prove to be interesting at the very least; profitable at best! Don't forget to visit our listing of forthcoming earnings, IPOs and more to get your head start on the street for this very exciting week. Steve