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


To: ItsAllCyclical who wrote (424)4/22/1998 11:39:00 AM
From: Nick  Respond to of 19700
 
Geez, when we correct, WE CORRECT!

Nick



To: ItsAllCyclical who wrote (424)4/22/1998 1:02:00 PM
From: Jonathan Brown  Read Replies (1) | Respond to of 19700
 
<off topic> Jim, get a grip. You laugh at people who may have lost money? What would you call such a person? Think about that for a moment.

On topic: All Internet stocks are pulling back, for a variety of reasons: retracing in a strong uptrend, rotation to tech sector at large now that second half looks stronger, and end of month market doldrums. Beyond that, CMGI has been exceptionally volatile for months; just check out the chart, with particular attention to daily range. But fundamentally the sector has sensational growth prospects, and in the long run valuation will reflect that. As for CMGI's position within that sector, the thread has gone over the story in ample detail, so I won't repeat it. I'm feeling fine about the Internet and CMGI. I suspect others are too.

J