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

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To: d. o. kreisberg who wrote (9433)6/8/1999 2:52:00 PM
From: Brian Malloy  Read Replies (2) of 19700
 
Looks like Marketwatch was taking a look around the thread

Microsoft on the move?
Plus: Chat about Dell, Yahoo and CMGI

By Jeff Clabaugh
Last Update: 1:34 PM ET Jun 8, 1999

...
Eye on CMGI
Monday's Internet rally came as welcome news to CMGI holders after news that Microsoft and Dell bought stakes in NaviSite, CMGI's site-services provider. The 13 point gain for CMGI's stock (CMGI: news, msgs) has folks on SiliconInvestor bragging about the company. Gladman: ..."105 has strong support and TIMING is everything. Look at what we have cooking this week -- earnings on Thursday, PR partnership with Microsoft and Dell today. Internet sector making nice gains. The next few days will be interesting to say the least. Once investors digest the partnership with Microsoft and Dell, I look for a ... strong run up. What great timing just prior to earnings. " AugustWest: ..."Not much standing in the way of this thing today. Running hard and fast through with few breathers. Damn, I hope we have staying power for awhile now." CMGI's Monday jump has some thinking the Mother of all Internet plays is back in play again. Brian Malloy: ..."We closed above 104. The market as always will jump around but barring some extraneous event, CMGI is in an uptrend with 90 percent probability."
...
cbs.marketwatch.com
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