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

To: stock_bull69 who wrote (17585)	4/13/2000 12:15:00 AM
From: Venke Murughappan	Respond to of 19700

I still have more than half of my CMGI position and I will never short CMGI. But, a lot of name brand stocks are available at bargain prices and I dont want to miss them! CMGI will take longer to bounce back and it may be trading between 90 and 120 for a few months. I could buy back later if I want to! The panic selling will continue and the market will be in a trading range for a few weeks till the leaders emerge.. people will be selective and sane. CMGI should climb back upto 90 quite easily and it looks way oversold to me at 70. If that's the case why are you spending your valuable time here on the CMGI thread? Sounds like an obvious agenda like shorting the stock and trying to influence other investors to get out, even though you have named some great alternatives. Those that have been been long for over a year know that trying to time CMGI's huge spikes has proven to be fruitless so it pays to be long even if it seems to under perform for long periods of time.