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


To: Rene Madsen who wrote (6723)4/5/1999 5:21:00 PM
From: mike machi  Read Replies (1) | Respond to of 19700
 
That makes two of Us...

Sold out at 196, looking to buy back on a dip, and got lost.

MM



To: Rene Madsen who wrote (6723)4/5/1999 9:54:00 PM
From: bundashus  Respond to of 19700
 
I did my taxes this weekend and I purchased CMGI two times last year and made just $2k. Call me chicken, I just could not live with volatility. If I still had those original shares, I would have made $30k on 200 shares. I have learned my lesson. I am not selling any time soon.



To: Rene Madsen who wrote (6723)4/5/1999 10:53:00 PM
From: DlphcOracl  Read Replies (1) | Respond to of 19700
 
** Perhaps I should just give my money to a broker..." **

NOT! Better yet, why don't you identify and buy the handful of stocks that you think are winners -- stocks with a truly unique idea or market niche, stocks with CEO's that have great vision and are always ahead of the curve (e.g., David Wetherell, Tim Koogle, etc.), stocks with cutting-edge products with great R&D with prohibitively high barriers to entry, etc.. and then JUST HOLD THEM!!! Not only will you find that you have more time to spend on things other than watching CNBC, poring over message boards, reading stock reports, etc., but you will be much wealthier and happier.



To: Rene Madsen who wrote (6723)4/6/1999 9:39:00 AM
From: Dave Dickerson  Read Replies (1) | Respond to of 19700
 
Rene-this is the summary of my best advice to you.
Take a goodly amount,say about 1/3 to 1/2 of what you have invested for your retirement ( in my case 70%). and invest in CMGI.
PUT THOSE SHARES AWAY FOR 5 YEARS, DO NOT TIME THE MARKET,AND SEE IF YOU HAVEN'T GOTTEN A LOT CLOSER TO YOUR GOAL ( IN MY CASE BY THE END OF1999 IT MEANS ARRIVING AT MY RETIREMENT GOAL).
Look for returns of 100% per year min. and more likely 200-500% per year.
Good Hunting
Dave Dickerson



To: Rene Madsen who wrote (6723)4/6/1999 12:40:00 PM
From: freeus  Read Replies (1) | Respond to of 19700
 
re perhaps I should just give my money to a broker
Dont dont dont!
I used a broker the first three years I invested: in fact I tried two of them, one a "radio personality". The results were awful.
Now I do my own, make my own mistakes, celebrate my own gains.
Buy some CMGI back and stop looking at the price. I bought at 211, it immediately fell to 184, 170, I was sick but oh well, bought more as it went up to 189 and now look. It is a great story and should be a strong winner for years.
Buy some DELL its still cheap. Dont let your emotions cause you to sell when you have faith in a company. Put a sign near your computer
"Dont sell....(names of companies you really like)".
Write a target price for the stocks you buy. If the story doesnt change refuse to sell if your target has not been reached yet. Sell only if verified news shows you you made a mistake.
Best wishes,
Good luck
Freeus