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


To: Dave Dickerson who wrote (7688)4/28/1999 3:25:00 PM
From: Bretsky  Read Replies (1) | Respond to of 19700
 
Good Afternoon Dave,

Out of curiosity, why did you sell MSGI ? Do you view its fundamentals as changing, or were you satisfied with the dam nice profit you made on it ?

I also notice you took some TLAB $$ for CMGI. Still love TLAB's, but I'm thinking of doing the same as I need to keep building up my CMGI shares.

Best Regards,
Brett Wolfram



To: Dave Dickerson who wrote (7688)4/28/1999 6:21:00 PM
From: bargainman  Read Replies (1) | Respond to of 19700
 
Dave -- Seems that we must expect a selloff anytime a company exceeds expectations, as in AOL and Amazon. CMGI merely tracked the ISDEX today. No big deal. BTW, I got in on MSGI at 8 1/8, sold at 50 and then bought back in at 42, wrongly assuming a bounce along with the rest of the I-nets which didn't happen. Still, it is encouraging to see it apparently basing around 30-35. So, cost basis, I still feel pretty good about my return. Hope the web site on Hanalei housing was a help. It's pretty to look at, too. -- Ciao