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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 (8528)5/24/1999 1:31:00 PM
From: Jenne  Read Replies (2) | Respond to of 19700
 
Mark I hope you're right. My sense is that the internet sector is going to continue to eek down for a while.. The nervousness about interest rates is real.. even if it turns out to be a fake... and we have some time before there is any definitive resolve. I see days like today coming up where the stocks creep down then find a bottom and spike up then creep back down.. The trader can make a few dollars if they find the bottom and then ride the spike and sell.. cause it seems to be tracking down overall.. Until we know for sure or valuations are met, this has a downward trajectory. IMHO.

Re: inflation. We see it in manufacturing.. we see it huge.