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


To: DiB who wrote (17430)4/2/2000 3:41:00 PM
From: Citidude  Respond to of 19700
 
DiB - Sorry I'm just getting back to you. In answer to your question, this pattern we have had of 1 step forward 2 steps back still has me a little cautious. Every time we gain some ground, we get our nose cut off again.

A NAZ surge, Internet rally or good news (save very few times in the last 3 weeks) has had an opposite effect on us.

Although a little higher than Wednesday & Thursday, this is our 3rd lowest close in a month. I'll start feeling better when we start closing in the $120's but secure when we head past $130. And at this point, just reaching $138.50 again (where I bought in) will make me happy. Anything beyond that is GRRRREAT!!!!

I must also say that I'm becoming more and more comfortable with CMGI as the days go by (up or down). I think the days ahead will be a bit more of a struggle and not the easy money most are accustomed to. This is what took many by surprise and probably caused the anxiousness in some. CMGI hasn't been the only company to experience this. However, it will be just a matter of time at this point.

:)