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

To: SpongeBrain who wrote (2819)	12/14/1998 1:17:00 AM
From: mp	Respond to of 19700

Reg: "NOT-> Last time on 50-day MA, up to $91 in two sessions!" I am not sure what you are saying, but here are the facts: Date // Price // Change: 8/6/98 // $65 // Starting day (price on MA) 8/7/98 // 80 // +15 (1st day) 8/10/98// 88 // + 8 (2nd day) See what I mean? The stock went up $23 in TWO sessions! Before you start disagreeing with me, ask me for the details. As far as I am concerned, a 33% increase in TWO days is incredible. I was using it as a an example of how volatile this stock is and what could happen if the news is good. Rest of your questions, I don't understand. I am sorry. I cannot respond.

To: SpongeBrain who wrote (2819)	12/14/1998 9:37:00 AM
From: Ron Kline	Read Replies (2) \| Respond to of 19700

The faster a stock moves above the 50 day moving average after a correction the better. CMGI moved quickly above it's 50 day. Once it passes the 50 day the next thing you watch is if it holds the 50 day after that. In a bull phase of the market it's important to bounce off the 50 day if it is consolidating off a recent run. CMGI's 50 day is around $65 and that's exactly what it did last week. A better technical indicator of a stock is the so called breakout when it goes above it's old high after a 3 month or longer consolidation. CMGI has yet to do this like AMZN, YHOO, and other internets did a month or so ago. It doesn't mean it will not happen, but the earlier it does this in the cycle the more chance the old high can act as support in the next correction, and those who bought below can rest a little easy. Because we had such a bear market, many stocks are breaking out later than normal because they need to climb much more just to get back to those old highs. Until CMGI does this we need to watch the 50 day closely. Ron