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


To: Mark Peterson CPA who wrote (7834)5/1/1999 5:48:00 PM
From: Magic212  Read Replies (1) | Respond to of 19700
 
Mark,

To be sure, this correction will occur at some future date, but it won't be sudden,
totally unexpected, and IMO, we'll have plenty of warning


In terms of "plenty of warning," what would the indicator(s) be and what kind of time frame would we be looking at
after their occurrence?

Thanks,
-Leslie



To: Mark Peterson CPA who wrote (7834)5/1/1999 6:01:00 PM
From: badon518  Read Replies (1) | Respond to of 19700
 
thanks for responding, and for responding so quickly. we agree that cmgi is a first tier internet stock. also, if i understood you correctly, the selloff from a rate hike would hurt the option traders and day traders more substantially than plain vanilla buy and holders. so we probably shouldn't lose a lot of sleep over it. but going a step further, what about cpth or msgi? do you see them as first or second tier companies?



To: Mark Peterson CPA who wrote (7834)5/1/1999 6:03:00 PM
From: sam  Read Replies (1) | Respond to of 19700
 
I suspect that we'll start getting "hints" that inflation is beginning to take hold. Then the FED will hint at raising rates. And then we'll get our "correction"...or more likely a bear market. When that happens it's every man/woman for him/her self. Fortunately, we are no where near such a turn.