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To: Michael Berkel who wrote (695)1/1/1999 11:00:00 AM
From: Dennis J Baltz  Respond to of 41369
 
I think CMGI looks good for 1999 also. I had a few call options on CMGI which I closed on 12/24 and 12/29 when CMGI started to tank. Sold my Jan120 for $16 and watched it drop the past two days. Will wait Monday for market direction and then jump in again if it looks right.

Dennis



To: Michael Berkel who wrote (695)1/1/1999 11:58:00 AM
From: Venditâ„¢  Read Replies (1) | Respond to of 41369
 
I have no personal opinion about CMGI. Support is around the 50 day moving average which is in the range of the upper $80's.
The MACD chart is signaling that the price will drop some. News blows charts away so who knows.

The intent of my post was only to interpret the chart that I included in my earlier post.

Best of luck