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Technology Stocks : CMGI What is the latest news on this stock?
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To: MulhollandDrive who wrote (4486)1/30/1999 6:09:00 PM
From: Dave Dickerson  Read Replies (1) of 19700
 
Bp. On the contrary,I feel reasonable margin requirements in buying certain stocks will eventually put these shares into stronger hands and make it harder for day and short-term traders to dally in these stocks, and thus increase the beta and volitility of these stocks.
Let people base their purchases of CMGI on a actual understanding of CMGI,what it does and what it's long term value is and not on the view that it's a penny stock to be leveraged and traded daily based on T.A.,margin calls,short term views,covering one's tail feathers because it's now 3 pm or a Friday and one's position has to be covered because you can't stand to hold the stock overnight.
Dave Dickerson
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