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

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To: M CAHILL who wrote (7083)4/14/1999 7:55:00 PM
From: bargainman  Read Replies (1) of 19700
 
The CNBC guys were babbling about how everybody jumped over to the cyclicals -- aluminum, tractors, pig iron, whatever -- or were selling for tax reasons or IRA account deposits. But most of the ones they talked about, like Alcoa, where already running at their 52-week highs, so not much more to squeeze there. Probably a little bit of all of that plus the ungodly runups of some of these internets including our beloved CMGI. Doubt if we'll much more of a drop. There will be a certain bit of morning after reckoning and buybacks, IMHO.
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