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

To: Nick who wrote (344)4/13/1998 8:48:00 PM
From: Iceberg  Read Replies (1) | Respond to of 19700
 
>Just because a stock is very high and has had a huge run up, doesn't mean it will crash.

Nick,

True. Point well taken. But if you think there is "NO WAY" this one will crash, I suggest you think again. It remains to be seen what will happen, but any stock is capable of a crash.

Ice



To: Nick who wrote (344)4/14/1998 3:23:00 AM
From: Elroy Jetson  Read Replies (2) | Respond to of 19700
 
CMGI is a very treacherous stock... to be Short.

Shorts who escaped today with only a 12 point loss like Iceberg were lucky.

Ballard Power ran up quickly last September from $30 to $85 but settled back to $55, and yet today is $120. A crash from $85 to $55 on the way to $120 strikes me as more of a set-back.


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