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

To: Richard Tauber who wrote (17394)	3/23/2000 5:13:00 PM
From: Hadrian	Read Replies (4) \| Respond to of 19700

Richard - from a technical perspective CMGI is just digesting the huge run-up from the low $50s. When it came down to $100 from $160, it had given up over half of the gains which is a typical retracement area. It then started trending upwards once again. If you look at a daily chart (I use candles), you can draw a trendline underneath the low on these dates... Dec 13, 99 (@~ $95); Jan 31, 00 (@~ $100); Feb 21, 00 (@~ $102). You can see that this new slower uptrend has been in place since December and a close below about $108-$109 would interrupt it. The previous steep trend starting with the November gap was broken on Jan 5th (no trend that steep can go on for too long). A lot of folks held on during December, sold in Jan. to push their tax bills up a year which I think brought on the current consolidation/slow trending period. As far as day to day movements, all I can say is the worst dog of a stock can go up with the NASDAQ down 400 and some of the best stocks often go down when it's up 200. All this is IMHO and hope it helps. Using TA helps me understand stock movements and keeps my emotions out of decision making. The book "The Visual Investor" by John Murphy is a fantastic introduction to the subject. Hadrian

To: Richard Tauber who wrote (17394)	3/24/2000 12:56:00 AM
From: Brian Malloy	Read Replies (1) \| Respond to of 19700

Why was CMGI up 900+% last year and most other stocks were not? The answer is blowing in the wind <G>

To: Richard Tauber who wrote (17394)	3/24/2000 1:19:00 AM
From: Time Traveler	Respond to of 19700

Why is this stock down recently? Big stockholders like Intel are selling out of this stock. Hopefully, they will finish their selling in a few days. As far as I know, Compaq has not partitioned to sell any of CMGI's shares. When they do, this stock, darling of last year yet dog of this year, is going to fall like a piece of rock. As long as Compaq has a good relationship with Alta Vista, I don't think they will bail out. Check out biz.yahoo.com. Although history never repeats itself, yet it presents itself in many similar situations (Arthur C. Clark, one of the Space Odysseys). Last October and November time frame I remember that CMGI was hovering around $100 presplit, lagging all other stocks. All of a sudden, it sky-rocketed. This pattern of stock movements recently looks very similar to the ones before the big run-up. Would the history again repeat itself? How long can sellers depress a stock with growing revenue of 20% per quarter (Cisco is 30% per year)?