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

To: Monty C who wrote (18714)	12/19/2000 8:40:25 AM
From: im a survivor	Read Replies (1) \| Respond to of 19700

The sad thing is, this could still easily fall another 75% or more....it would not surprise me one bit to see cmgi and icge under $1 before long........ Will it come back? Thats anybodies guess, but certainly not in this type of market environment. Additionally, it will be tough to make any kind of sustained run....folks that are buying at lower levels will be selling on any uptick. Amazing how much things can change in such a short time. The writing was on the walls.....we just didnt see it.

To: Monty C who wrote (18714)	12/19/2000 9:27:14 AM
From: SHGLaw	Read Replies (1) \| Respond to of 19700

A year ago, inets could do nothing wrong. Today, they can do nothing right. This is the same immoderate view, just taken from the opposite side. Neither view was/is right. CMGI may go to pennies, but that doesn't mean it should or it won't rise from the ashes. Do you really believe that the internet is a flash, something that will cease to exist as a commercial force? Many of the businesses that are now failing could well have survived and thrived had money remained available for infrastructure. That the money dried up is just a variable of business. Other e-business was unsound, drawing plenty of eyeballs but without any way to turn a profit short of inet cannibalization. And once again, it is a maturation process. It can be painful and difficult to recognize, mostly because few of us have lived through it before. But the internet will survive and some players will be its backbone. And strangely, when the fickle investor tide turns, and money loosens up again as it surely will, you will see the rebirth of businesses that are folding or moribund today. So stop whining and take a longer view. SHG