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

To: Don Roberts who wrote (851)	7/29/1998 10:21:00 PM
From: Debs	Read Replies (1) \| Respond to of 19700

May get far more oversold as the nets continue to crash and burn...Couple that with the clinton situation and i think we have some problems lurking ahead...imo GCTY may have commanded a huge price a few weeks back but i doubt it will be able to now... Some of these IPO's may have to postpone if the market and especially the nets continue to deteroriate.. IMO this does not bode well at all for CMGI since it is essentially nothing more than a bunch of net stocks....IMHO

To: Don Roberts who wrote (851)	7/29/1998 11:10:00 PM
From: Todd N. Weisrock	Read Replies (2) \| Respond to of 19700

Hopefully I'll soon be in the money with my Sept 50 puts... While I agree that CMGI and it's companies have a lot of potential, there is extremely high risk. A lot of their ventures will never make money. All we can hope is that the ones that do make up for it. I beleive in CMG for the long term, but in the short term, I'm buying puts as a hedge against my entire long portfolio because if the market tanks, the Internet stocks will tank HARD.