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


To: TC5187 who wrote (7209)4/16/1999 12:03:00 PM
From: bargainman  Read Replies (1) | Respond to of 19700
 
I wouldn't expect much gratification from ticker watching re: CMGI for the next several days until this "sector rotation" syndrom plays out. Also, the traditional analysts and brokers are on the wires again explaining why they have such distain for internet stocks and why they certainly wouldn't consider buying any. More rationalization from the same guys who missed the boat way back when. The big rationalization, according to these guys, is that most of these internet companies will fail and won't be around 5 years from now. This is true, but if any of them will be around 5 years from now it will be CMGI.