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


To: baney who wrote (4415)1/28/1999 9:19:00 AM
From: SJS  Read Replies (1) | Respond to of 19700
 
We'll we've all been through that here, for sure. Greed and Fear. however, many here are sitting on profit so declines from 136 (the split price) to 80ish, while seemingly large, are bearable (using the animal metaphor :>] )

You've got to examine why you bought this stock. Greed is fine as long as you call it that, and decide what EXIT point you require. Trying to eek out "jump a little bit more" with a fragile (or no no) trading strategy is a surefire way to be dissapointed.

As many here will tell you, including myself, I think CMGI has a bright future, but you have to feel comfortable with that yourself. If the ST risk (and FEAR) outweighs the LT reward right now and you want your profits, take em. There's always other people standing in line to accept your stock and that risk. I've taken money off the table with CMGI, and there nothing wrong with a profit.

Best of luck in your decision.