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

To: neverenough who wrote (8456)	5/21/1999 4:22:00 AM
From: Rene Madsen	Read Replies (1) \| Respond to of 19700

How do you read the "money flow" part? It's currently in the minus a couple of billions ... suppose that is US$, right? Does that mean that a couple of billion US$ are leaving CMGI daily? Or is it accumulative? Sorry for the stupid question, but I've been wondering for some time, now seems like as good a time to ask the question as ever...

To: neverenough who wrote (8456)	5/21/1999 7:37:00 AM
From: SHGLaw	Read Replies (8) \| Respond to of 19700

Having been away for a while, and coming back to see what's become of cmgi in my absence, it appears that the trading range has narrowed substantially (for this co.) in the past few weeks. In light of the IPOs and split upcoming, I would have anticipated greater volitility rather than less. One of the few things we could count on with cmgi was the beta, and now that is looking somewhat more normal. If I was an optimist, I would think that there is a consolidation to precede the post-split run up. If I was a skeptic, I would think that this is being manipulated to shake out the weak hands before big news. If I was a pessimist, I would think that its lost its edge and the run to 300+ is past us. But I am a pragmatist, and think that we are trying a little too hard in a meandering market where no one feels sufficiently safe from the potential downsides of late. On the other hand, we have seen the "end of the bull market" or the "end of the inutz" too many times only to see the next monumental runup sneak up from behind and bite us on the butt to believe that any of this is true. When it comes, and it most certainly will, the wild-eyed frenzy will repeat itself and the holders through the quiet and down times will again emerge as the geniuses through their own fortitude, or inertia, and enjoy the fruits of their patience. SHG