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

To: WeisbrichA who wrote (6754)4/6/1999 6:42:00 PM
From: Dave Dickerson  Read Replies (2) | Respond to of 19700
 
Rich- Short term plays are conducive to rumors,odd news events,Inter. scares etc. and I feel would be hard to time.
If you had put some money in CMGI for 1998,it would have gone up 906% with out any trades. It started 1/1/99 at $52, had a 2 for 1 split so far and now resides at $216, soon to split again, way more than a quad. so far. I would never go short or buy puts on CMGI, since it's upside moves are explosive and hard to time. There have got to be other stocks that are better put candidates.
Clearstation charts,their TA. momentum indicators are good to help time moves.
Good Hunting to you,keep in touch.
Dave Dickerson



To: WeisbrichA who wrote (6754)4/6/1999 10:41:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 19700
 
We are in partial agreement on fall in some stocks although I think it will hit sooner. I plan to buy May puts on YAHOO, AMAZON and AOL tomorrow. I believe that weakness may hit anywhere from this Friday to next Friday or shortly thereafter.


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