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


To: Tae Spam Kim who wrote (336)4/13/1998 4:24:00 PM
From: Iceberg  Read Replies (3) | Respond to of 19700
 
>I just want to warn you guys, I've seen this happen before. Be careful. I remember Optical Cable (OCCF) a couple summer ago, shot up from 10 to 142 and then went down VERY abruptly.
Protect yourself with stop loss orders. Surely there is money to be made on these internet momentum plays, just make sure you protect yourself.

Tae Kim,

You are absolutely correct about OCCF! I bought OCCF at 18 and sold at 20 because I didn't like the bid/ask spread action. OCCF, as you say, went on to 100+, then crashed. Somehow or another, I get the same "vibes" with CMGI. CMGI is a highly-treacherous stock right now.

Ice



To: Tae Spam Kim who wrote (336)4/13/1998 7:01:00 PM
From: charger  Respond to of 19700
 
50% price increase in 4 days on no news...now that's my kind of company! Waiting for a pullback now...won't touch a parabolic run as I'll probably be the last one in when the music stops.