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


To: RLM who wrote (7897)5/4/1999 2:32:00 PM
From: stock_bull69  Read Replies (2) | Respond to of 19700
 
Thanks for the warning but the correction for the INETS is in it's final phase IMHO. The impending correction in the DOW should have no effect on CMGI or any of the other INETS that have dropped 20-30% in the last week. Money flows from INETS to DOW COMPONENTS will soon be reversed and CMGI will return to the levels it enjoyed just about a week ago near the $300 range.

Steve



To: RLM who wrote (7897)5/4/1999 2:57:00 PM
From: JavaGuy  Read Replies (1) | Respond to of 19700
 
Thanks fo the info, since CMGI is really affected by the DOW reaching new highs, I just sold it all. LOL. I believe now that earnings season is over, there is nothing left to HURT internet stocks. Inets flourish under uncertainty. It is time for FUD to leave the building.

JavaGuy