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


To: TokyoMex who wrote (1719)8/31/1998 5:03:00 PM
From: Andeveron  Read Replies (1) | Respond to of 19700
 
Tokyo, I was long in CMGI but I can see this hitting 30 tomorrow. All internet stocks will be dumped over the next couple of days. LCOS will likely hit $18 and XCIT will probably settle to $12. It's not only fear that is driving this, it's that these stocks have no earnings and are the most untenable when it comes down to fundamentals.

I am completely out of stocks right now and only play index options and currencies.