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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 (7669)4/28/1999 10:58:00 AM
From: bargainman  Read Replies (2) | Respond to of 19700
 
Rene -- IMO, CMGI awaits developments, such as Silknet, etc. Otherwise, absent news, it seems to be moving generally with the Naz on any given day. Like today so far, Naz is hopscotching back and forth between positive and negative and CMGI seems pretty much to be tracking on that. Frankly, I was disappointed that DW's appearance at the H & Q event wasn't more impactful. But then, we must admit to being just a little spoiled by this stock's performance, mustn't we?



To: Rene Madsen who wrote (7669)4/28/1999 3:19:00 PM
From: Dave Dickerson  Read Replies (2) | Respond to of 19700
 
Rene-one needs to post a note on their computer, "CMGI's beta is 2.8, I will not get discouraged when it swings, but use the downturns to add to my position".
Remember,since inception in '94,it's up about 42,000%.
In 1998, it was up 906% for the second best stock increase in the USA, for that year. On 1/1/99 it was $26 and today's price is $268,what sort of a return is that?
Traffic on the USA internet, is doubling every 100 days, and 65,000 new users of the web emerge every day in the USA. E-commerce is just beginning. Very seldom, do we get a chance to participate in a well- managed venture capitol fund that deals in new net cos.,that are working together to build value.
A trick I use to help me handle the volatility of CMGI, is to post updates to my portfolio, only when CMGI has gone up. Since my purchase of it of 1/7/98, my investment value in CMGI has increased 268%, not bad for 4 months. (40% more and I'm retired)
Have patience,you will be rewarded.

Good Hunting
DAVE DICKERSON



To: Rene Madsen who wrote (7669)4/28/1999 3:53:00 PM
From: DJ Oglesby  Read Replies (2) | Respond to of 19700
 
Rene:

I'm into CMGI for quick profits, not the long haul, although I can certainly see the merit in holding it. I'm too busy trying to make a living to think about getting rich. Anyway, to the point, I've been in an out of CMGI twice in the last 2 weeks, the first time I got a 24 hour +17.8% thrill, and the second time for a 3-day +8.2%. I buy in a pullback, wait for a surge and sell when I think it's beginning to reverse. As long as this keeps working, I can make a living trading CMGI, but I'll never retire to a private island.

I, like you, don't see how the buy and hold guys can keep their sanity.

Regards,
DJOglesby



To: Rene Madsen who wrote (7669)4/28/1999 7:22:00 PM
From: Robert Rose  Respond to of 19700
 
Rene: if you bought a year ago as i did, buying and holding has proven itself to work. Given my tax bracket, i would need to make +36% on a trade to break even on it. At the same time, i would risk being wrong and perhaps missing out on the next inevitable runup.

buying and holding is easy, and less stressful, because i know i'm always on the right side.....

Long and loving it,

Rob