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Technology Stocks : CMGI What is the latest news on this stock?

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To: surfinSteve who wrote (2510)10/29/1998 9:09:00 AM
From: Scarecrow   of 19700
 
Steve,

You can also add Allaire (web tools maker) to the list. They pulled their IPO yesterday as well.

Despite hype-master's predictions to the contrary, this doesn't bode well -- short-term -- for CMGI. Since IPOs are obviously their cash-generating strategy, this hurts...

We'll see. I read that the NYT had an article (didn't see it) that said "The Bear Market Is Over." (Just so I know, when did it begin? <G>)
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