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

To: FDHIII who wrote (2807)	12/11/1998 1:20:00 PM
From: Islander	Read Replies (1) \| Respond to of 19700

Agreed, CMGI has bottomed, imho. I missed this morning's buying opportunity due to family commitments, but have my buy order in at 71.25 to catch another mid-day low. btw, thank you for your comments about how CMGI trades, I used your suggestions for several profitable trades this week. I missed yesterday's low by a 1/64th since I was in meetings most of the afternoon. I am looking forward to Tuesday's report, should see nice gaps next week.

To: FDHIII who wrote (2807)	12/11/1998 1:36:00 PM
From: mp	Read Replies (2) \| Respond to of 19700

I think I agree with you that CMGI has bottomed out. If you are not turned off by charts and TA, take a look at CMGI's chart and the current price is just sitting on 50-day MA line. Though it could go either way, my guess is it is going to shoot up to $95 next week rather than tank to $50 as in October. I don't think the market is about to crash now especially because of world-wide, coordinated interest rate cuts. Last time CMGI sat on 50-day MA (in Sept) it shot up to $91 in two sessions! So, let us hope happy days are here again! askresearch.com I have posted url's before but this is not appearing as a url that you can click on. Anyway, try cut and paste and it works.