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


To: Michael H. Dragon who wrote (494)5/14/1998 9:02:00 PM
From: Sowbug  Respond to of 19700
 
I sold my position today at 53, will look for a re entry point, it appears to me that the best way to play this one is to trade it.

Probably not a bad idea, but you might also want to add to your long-term holdings on dips. I said this before -- this company seems to be a relative unknown among Internet stocks, and it will eventually start turning heads. Even Joe Kernen on CNBC stumbled over its name today, and I consider him fairly knowledgable about tech and biotech issues.

It's likely that there'll be some low-40 dips from time to time, but the forthcoming GeoCities IPO and CMGI's other holdings are just too attractive to resist.