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To: ms.smartest.person who wrote (17629)4/12/2000 6:35:00 AM
From: Paulh
   of 19700
 
merry, it seems we are tied to the NAZ and the QQQ, ragingbull.com 

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To: ms.smartest.person who wrote (17631)4/12/2000 6:51:00 AM
From: Micawber
   of 19700
 
Why are you leaving? Because somebody pointed out that the billion share increase was old news and has been talked about for a month? I thought that was the whole reason these boards were created- to share info so that you don't need to be blindsided by a proxy.

Re Mulan's post about CMGI being tagged to the HHH and QQQ: Mulan's strategy during this whole selloff has been to nibble on the way down, using very tight stops. If you multiply this strategy by thousands of other traders who are essentially weak and very fickle hands, you have the recipe for a stock with very little support, as a downtrending stock will fall thru these stops like the proverbial hot knife thru butter. IMO, this is going to get uglier before it gets prettier.

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To: Micawber who wrote (17633)4/12/2000 8:03:00 AM
From: Micawber
   of 19700
 
RB actually getting interesting with the arrival of MDM. The guy has actually been right on, he actually likes the company but thinks it has been overpriced and will be a buyer under $85. This type of heresy, as you might imagine, is not at all well received in CMGI la-la land at RB. The permabulls (Pressley, BSB, et. al,) can't stand this type of talk, and of course call for him to be ignored or TOS'd. Anybody who is not a cheerleader there is an instant enemy, even if he has something useful to say. IMO, that's why the board is useless, except for Mulan. BTW, does anybody know what ever happened to that guy FoolsRushIn, who had put all of his funds in CMGI when it was at $150, and was actually getting followers to do the same? Apropos handle.

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To: Micawber who wrote (17634)4/12/2000 9:49:00 AM
From: sunny
   of 19700
 
Not directly related with CMGI but with PCCW:

Wednesday April 12 12:23 AM ET

Telestra Aims for Asia Alliance

SYDNEY, Australia (AP) - Telstra Corp. announced Wednesday it is in an advanced stage of
preparing a memorandum of understanding with Hong Kong's Pacific Century CyberWorks to
form an Asia-Pacific telecom alliance.

The deal would be Telstra's most significant expansion into Asia and would give it new growth
options outside the highly competitive Australian telecom market.

Pacific Century CyberWorks, which aims to use its satellite technology to become the main
broadband Internet service provider in Asia, is a unit of Pacific Century Regional Development of
Singapore.

Australian newspaper The Financial Review reported Wednesday
Telstra was preparing an Asian alliance worth $3 billion.

``The fact that they are in talks with Cyberworks in Asia shows that
Telstra is now in a position where they realize there are advantages
in trying to build their business beyond the boundaries of Australia,'
Jamie Spiteri, broker with Shaw Stockbroking Ltd. in Sydney said.

Trading of both companies' shares was halted. The Hong Kong exchange cited a pending
announcement ``in relation to a potential partnership.'

Pacific Century Cyberworks last month posted a net profit of $44.5 million in the year ended Dec.
31, boosted mostly by its Internet-related investments.

Pacific Century CyberWorks, run by billionaire Li Ka-shing's son Richard Li, announced in
February it would buy Hong Kong's leading telecom company, Cable & Wireless HKT, in a deal
that was initially valued at $38.1 billion in stock or $35.9 billion in a combination of cash and stock.

regards
sunny

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To: Micawber who wrote (17633)4/12/2000 11:32:00 AM
From: ms.smartest.person
   of 19700
 
Brian,

My Goodbye was in response to the Hello comment in his post I responded to.

Four weeks ago, I converted a major part of my portfolio to cash. I held on to half of my CMGI, because I like and admire what David Wetherell has done in the past. I also know that he announced plans to purchase x-number of companies this year and was going to need to have the stock allocation increased. However, this proposal could not have been planned at a worse time.

I own and continue to hold companies who increased authorized shares last year, i.e., QCOM and JDSU. Of course this was during high times and they were hot companies in a hot industry.

IMO you are correct, this is getting and going to get much uglier before it gets better. Two weeks ago, I thought we would retract to 4200 and adjusted accordingly -- but we would all be euphoric if 4200 was the bottom. Hopefully, the projection that we will be testing the lows of last week will be a good approximation.

Tech is where it is at and the pendulum will swing back, sooner rather than later. JMO.

Merry

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To: Mark Peterson CPA who wrote (17301)4/12/2000 11:33:00 AM
From: sunny
   of 19700
 
Mark and other long-timers in CMGI and on this board:

what do you think about the possibility CMGI taking out Net Perceptions? I would really love to see CMGI dig further in the personalization area. Yesterday's CMGion announcement was the first step in a personalized networked world.

I think - especially regarding business to business opportunities - NETP would give a perfect fit in this growing area for CMGI. I would especially love it since Net Perceptions seems to be depressed and not that expensive given their history and prospects.

What do you think?

Disclaimer: I don't own any Net Perception shares.

regards
sunny

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To: sunny who wrote (17637)4/12/2000 4:20:00 PM
From: Scarecrow
   of 19700
 
Thread --

After three punishing, brutal days, is anyone ready to step in and buy?

At these levels, it's getting tempting to add...

Scarecrow

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To: Scarecrow who wrote (17638)4/12/2000 4:27:00 PM
From: im a survivor
   of 19700
 
If I had the funds...I'd be buying, but all my dry powder is gone !!

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To: Scarecrow who wrote (17638)4/12/2000 4:40:00 PM
From: AmericanVoter
   of 19700
 
I am very tempted to buy here, but I feel more brutality coming...
here is a scenario, the price remains between 70 and 75 for 3 consecutive days... by then, whoever had a margin call either had it covered as waiting and hoping for a turnaround in the market has been exhausted... by the way, the end of the 3 days coincides with the last day to pay taxes... during those 3 days, different brokerages increase margin requirement on some of internet companies citing volatility and current market conditions... fueling more selling pressure, driving the price lower... the question is, how low can it go...? examine the chart, and you will see what I dread to write...

best of luck to all

best regards
amein

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To: AmericanVoter who wrote (17640)4/12/2000 4:53:00 PM
From: keta
   of 19700
 
I bought at 78 yesterday, and at 72 today. Not much cash left. -K

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