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


To: jds who wrote (5287)3/8/1999 2:36:00 PM
From: Sowbug  Respond to of 19700
 
someone tell me to hold

Hold!!! Especially if you've held < 18 months, cut your taxes in half and enjoy the long-term cap gain rate, as well as the likely stratospheric rise in CMGI that's to come in the next couple of years!

Sell covered calls if you must, but don't sell the stock!



To: jds who wrote (5287)3/8/1999 2:45:00 PM
From: Rick  Read Replies (3) | Respond to of 19700
 
Well finally had to sell out on this one after more than a double.
Ironic that Bot both this one and CNET at 90 just a short time ago - & got doubles on both. Like the C's :-)
Think they are both very overvalued here - &
it is just "the greater fool" theory operating at this point..
Will wait for a 50-80 pt correction before re-entering.