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

To: Ahmad Sinno who wrote (4138)	1/18/1999 4:54:00 PM
From: Boon	Respond to of 19700

Ahmad, I don't have a conviction on the $95 support level. But I do have a conviction that CMGI's run is not over for 1999. So I will continue accumulating, even if the price continues down. In fact, I hope the price does continue sinking -- that just represents a buying opportunity for me. If we have a surge to new highs, I'll gradually start selling into CMGI's strength, like I did in CMGI's run-up to 136 (post-split price). I don't think anyone can project with any consistent accuracy the short-term movements of the Net stocks. So I'm playing the volatility, based, as I said, on my underlying conviction that the Nets -- certainly CMGI -- will recover and head still higher at some point this year. Who knows, perhaps tomorrow! Looking further ahead, I don't think the sector will escape a punishing and lengthy sell-off. I just don't know when it will happen. I do think we all have at least one more chance to make some significant money before that happens, however. Good luck.