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

To: Original Mad Dog who wrote (17397)	3/23/2000 8:59:00 PM
From: Hadrian	Read Replies (1) \| Respond to of 19700

Hi MAD DOG... predicting the very near term is difficult at best. Long term trends are easier to spot and LT indicators are more reliable. As for consolidation periods, they can last 1 month or 1 year or longer so who knows? Now, with that disclaimer, if I had to guess what CMGI does near term I would think a rally might happen going into the ALTA IPO. I'm hoping ALTA is perceived as a "mini" YHOO (look at YHOO's market cap of $100B and you'll know why!) which could add a tremendous amount of value to CMGI. What percentage of that value will be reflected in CMGI's stock in the near term is anybody's guess. If you look at the COMS/PALM situation though, COMS was on its way to that $120 high well in advance of the IPO - really kicking in one month before the IPO. The two situations are quite a bit different (for instance, PALM is likely to be completely distributed to COMS shareholders), but I can hope can't I? :-) Good luck with your Apr 130 calls! Hadrian