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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Michael Berkel who wrote (26321)3/6/1999 8:28:00 PM
From: Jenna  Read Replies (3) | Respond to of 120523
 
CMGI, Michael its about double $67 on the line for me, I'll repeat this for you. Monday, Tuesday, Wednesday and Thursday.. Those are four complete trading days. It is possible for the market to hit 10,000 during those trading days. We can conceivably go up 400 points, or pull back. CMGI could give us 30 points in those 4 days or 10.. I currently have 700 shares CMGI which 300 less than I had of CNET (All I have left of CNET is 200, 500 DCLK). That is not astronomical but it is enough to keep me very sharp eyed for the next 4 trading sessions. If CMGI gives me at least $18k plus another $25 from CNET,DCLK that would be $43k (not bad for a week's haul)and it could get much better than that, by the time earnings come out

I will not just sit on my laurels and hold the entire sum through earnings. I do expect to take some profits off the table by then. I have a good memory and so far every internet I held thorugh earnings came through.. I DID NOT hold XCIT or LCOS through earnings, nor did I hold ELNK through earnings (this time). My success on ELNK was mixed the last 3 trades I made. I since transferred by attention to CMGI,CNET,GNET and DCLK. I do think however that I will hold at least 300 shares through earnings, because:

a)I really DO EXPECT A STOCKSPLIT b) CMGI is the best internet play out there but my risk management discipline tells me to tread cautiously.