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

To: mp who wrote (2754)	12/4/1998 10:47:00 PM
From: Magnifique	Read Replies (2) \| Respond to of 19700

Mp, I like your attitude in regards with downside, when you say almost minimal...... although I see on the chart 61-62 as a bottom, but nobody said that it will be the one...now as disciplined trader/money manager, let me suggest that statement... holding through hell is a sure way to disaster and ,I am not talking CMGI,just as an example...if you bought something and it is 8% down from purchase price,step on your EGO and let it go..... either your choice is bad or timing ..It will save and make you a lot of money, do not try to prove to the market and people who have significant advantage over best information that you can get, that you are right... Just admit the fact and look for next opportunity.... In regards with CMGI, present pattern is poor, but it will hold the support and will announce split mark my word...Good luck.. Magnifique ,sorry for long lecture, but I know very well what I am talking about..

To: mp who wrote (2754)	12/5/1998 11:48:00 AM
From: neverenough	Read Replies (2) \| Respond to of 19700

P.S. By the way if you look at the chart you will see why I think $64 might be strong support. There does look like good support at 64, but if we break it were going to the low 50's. I don't own this right now but am looking to enter on the next big sell off. I am holding mine, hell or high water. I tried that with CYMI a couple of years ago when I bought it at 36, in my wildest dreams I never thought it would fall to 6 but it did. Granted it's back above 17 now and I'm still holding, but it taught me one important lesson, "Never fall in love with a stock, no matter how bright the future looks"...