Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Magnifique who wrote (5220)	3/6/1999 2:30:00 PM
From: Gary105	Read Replies (2) \| Respond to of 19700

Magnifique, Its important to look at both the company and its share price. As a company they are doing all the right things re. internet with their stake in smaller companies (most of them real small) and in established companies (GCTY/YHOO and LCOS) and their own initiatives (Planet Direct and new web broadcast initiative each of which are in very early stages) However the stock has traded and most likely will continue to be very volatile. Imo it is unwise to chase it this far into a run and wise to pick it up on dips to lower BB. I use the Bollinger Bands to set buy/sell price points and the stochastics and MACD to time purchases. Right now share price is pushing upper BB higher, on correction it could just as easily touch lower BB which is about 50 points below current level. Also the stochastics are entering overbought territory - this may continue but I personally feel more comfortable buying when they are in oversold or neutral territory. My statement about euphoria and panic refer to where stock price is relative to upper and lower BBs. I hope this helps others. I love the company but I feel very uncomfortable buying at current levels especially given historical volatility. I also welcome contrary opinions. Many have positions and try to push stock higher. Is anyone adding to there positions at current levels and if so, what is your rationale and risk tolerance? iqc.com All imo, Gary