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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: mattie who wrote (27858)	8/31/2000 12:47:21 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69885

mattie, I am not a good person to ask about the I-nets. In the past 3 years I have only played 4 internet stocks for a handful of brief trades and had mixed results. I have always had problems with their revenue models. That said I know CMGI has been trying to diversify into infrastructure companies and the management in the past has been good at picking sotcks that capture the imagination of traders. The recent shift in interest to BTB stocks seems to be getting it moving again. I am not sure there is near term follow through news though to keep the momentum going. Technically, a lot of volume has gone through in the low 40's in the 6 month, 3 month, 1 month and 5 day time frame. I think the stocks is finally sold out and there is a potential of an upside move. cnetinvestor.com