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


To: Boon who wrote (4137)1/18/1999 7:01:00 PM
From: Jon  Read Replies (2) | Respond to of 19700
 
"if you think this board is bad, you should go over to Raging Bull...Any selling into strength is considered heresy."
Actually I'm one of the most bullish people I know!! But if you check my profile you'll see that one of my golden rules is NEVER fall in love with a stock. So when CMGI went straight up I had no choice but to take some profits off the table. When I read here that people couldn't understand why it came back down a bit (YES, a bit!....) it was simply incredulous!! So I was simply advising some to play it smart. If you have a stock chart that looks more like a ladder than a staircase, get out or at least take some profits. That's it.
I put my money into something "safe" for now (MSFT) thinking that if Intel owns 70% of the market and they had blowout earnings then MSFT should really clean house considering they have 90% of the market. Who knew it would move like that!!!
I'll be looking to get back into CMGI later this week.

Good Luck,
Jon