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

To: Premier who wrote (802)	7/27/1998 9:55:00 PM
From: DWW II	Respond to of 19700

Premier, Thank you for the calculation. That makes sense to me. My belief as to what is happening to the market in general right now is that the Mutual Fund guys are taking profits and probably shorting volatile stocks like "internet" stocks. I guess they did not get enough of a "short sellers squeeze" a months ago. The difference in the market this time, is that this time the whole market, not just "internet" could take a radicle up-swing and take the ...quote/un-quote professionals by complete surprise. Web traders like you and I are having a huge effect on this market. It use to be a situation where everyone just purchased mutual funds and the funds had all the fun. Now, millions of individuals are in on the fun, and we can have a huge effect. Surprising effects. We are capable of holding during corrections and one of these times the "shorts" will get burned bad. CNBC is in their usual "post-earnings report" blues reporting period. I believe they are into creating volatility, as it keeps people at the edge of their seats watching CNBC for the latest rumors and opinions to scare them to death. Hey its better that watching "The Munsters"..........Darn....Darn......Darn. So, if the whole market goes through a "short sellers squeeze" watch out. Be long and prosper. DWW II