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


To: Stephen who wrote (1737)8/31/1998 6:28:00 PM
From: TokyoMex  Read Replies (1) | Respond to of 19700
 
I think ,, we should go back and dissect this stock ,, and you will see that fundamentally ,, this stock will come back ,, with volatitlity tied to GCTY and LCOS ..

And when Paul Allen's some private deals gets announced including Engage news near the earnings ,,

R O F L M A O ,,



To: Stephen who wrote (1737)8/31/1998 6:30:00 PM
From: Andeveron  Respond to of 19700
 
>> Strange, I'm trying to remember how the last sell-offs felt and relate this one to it ... but can't. <<

When the market collapsed in 1987, stock brokers went on unemployment, arbitrage traders became ice cream vendors and retail investors stayed away for a couple of years. I was a teenager then but my cousin, who was a securities trader at Smith Barney, lost his job and went on unemployment for a year. He got his job back when the stock market started going on a bull run in the early 90s. It wasn't pretty.

I see the current downtrend continuing. I have no platforms that I see the Dow or S&P floating off of but DOW 7000 and S&P 800 sound about right. The NASD may well go down to 1300. Too much panic and realization setting in right now. Outside of a FED intervention (manipulation), it's a funeral for the Bull market.