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


To: Paulh who wrote (17151)3/12/2000 10:58:00 PM
From: James Thompson  Read Replies (1) | Respond to of 19700
 
Paul

I am enjoying the thought of another spring split and CMGI shares with a basis closer to $10 than $15. Long-term investing in CMGI makes my life much more pleasant. I don't worry about the day-to-day market moves that used to send me to the medicine cabinet.

Every time I think of taking a profit I decide to wait a couple more splits. One of these days I will, but there will be plenty of shares left when I do.

Your wife's 200 shares will be 400 soon. There are still many out there who don't have a clue about CMGI. I was talking to a friend at church this morning. He is riding the wave with RMBS from near the 52 week low of 52« to 421 and they announced a 4:1 split. He had no idea who CMGI is.

Would be nice.

Jim



To: Paulh who wrote (17151)3/12/2000 11:27:00 PM
From: DAX KIMPO  Read Replies (1) | Respond to of 19700
 
Checking different boards around and there's so many bearish comments all over the place. S&P, DOW and the overall market are down this year, and I think those money that went out are all in the sidelines right now. AG wants the market down so bad and if increasing rates isn't working for the Nasdaq, he could increase margin requirement sometime later. I like all these backdrop right now. For one thing, margin requirement for these "high flyers" have been increased by the brokers already on there own. So if there's a downside from here it should be minimal and should recover very quickly IMO. We'll find out soon.