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

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To: DiB who wrote (8981)5/28/1999 11:55:00 AM
From: Scarecrow   of 19700
 
SC, isn't CMGI SUPPOSED to get volume above ADV since the stock just split?

DiB --
Fair enough. You're right and thanks for pointing that out. From the volume we've seen this morning, dollar volume should remain right within one sigma of the average today (although it might tail out as people leave for the weekend). Since Jackhach made no distinction in his prediction between share volume and dollar volume, I assumed share volume. My bad. Still, his contention that this stock is going nowhere and that there's NO volume is fallacious. We're having a very typical volume today -- not light or thin at all. All the more remarkable on the last day before a three-day weekend...

Thanks for catching that.

Scarecrow
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