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: M CAHILL who wrote (7099)	4/14/1999 9:46:00 PM
From: Bo Le	Read Replies (2) \| Respond to of 19700

If today's 40 plus drop indicates a start of healthy correction on CMGI, anyone has any guess how low CMGI will go? When AMZN and YHOO reached their high in Jan., AMZN droped from $199 to below $90 and YHOO droped from $223 to around $110. Similar thing happened to EBAY, and many other internet high flyers. Will this happen to CMGI? In other words, CMGI drops 50% from its high before resumes its up trend? If what happened on AMZN and YHOO happens again on CMGI, then a 50% correction will take CMGI all the way down to $150 range. Should we sell here and buy it back later at much lower price? Any advice? BL