SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Ron Kline who wrote (2874)12/15/1998 6:34:00 PM
From: Michael Berkel  Respond to of 19700
 
When will people finally realize that Cendant(CD), who owns and operates Netmarket will soon IPO or spin off their Internet assets (Netmarket is one of them) and make the same killing as CMGI does with their IPO's? CD's shareholders will very much benefit. If you are not familiar with Netmarket, go shopping at AOL!! CD is still cheap and IMHO the most undervalued Internet stock.
Good luck!
Michael B.



To: Ron Kline who wrote (2874)12/15/1998 6:41:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 19700
 
Ron, I'll hold CMGI. Of course there is the problem of the Dec 75 call options that I sold short last week trying to grab that extra four points, heh-heh.

As to AMZN I almost shorted it at the close today. Now as I understand its pattern today it broke out from 236/share to a new high which must have triggered lots of shorts buy stops to cover as it crossed its upside resistance-right? How long should I wait to short it, when the inevitable retracement occurs for AMZN? How long does a new breakout to the upside usually run?

Sincerely,

Doug F.