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

To: Bretsky who wrote (8716)	5/25/1999 9:51:00 PM
From: Jenne	Read Replies (1) \| Respond to of 19700

This is a 'normal' net correction .. but if AG raises interest rates.. could be more serious. IMO

To: Bretsky who wrote (8716)	5/26/1999 12:19:00 AM
From: James Thompson	Read Replies (1) \| Respond to of 19700

CMGI is responding to general market sentiment - which is very negative for net stocks. If it was just CMGI in an extremely oversold condition, I would say it will turn around any day. Under normal conditions, I would not expect to see CMGI 140 points off its recent high two days before a split. I would do my own DD and take this opportunity to add to my position at bargain prices either tomorrow or soon after the split on Friday. CMGI last split 2:1 after a runup from 211 to 272 in January. The next day it opened at 154, dove into the 80s and closed in the 130s, but it did not see 154 again until sometime in March. Its interday low in the days after the split was 82. Anything is possible in this market, but I will be surprised if we don't see some pre-split gains. Good hunting - Jim