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

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To: S.C. Barnard who wrote (9522)6/10/1999 2:11:00 PM
From: JScurci  Read Replies (4) of 19700
 
I'd expect a solid sell-off after today's earnings (or lack thereof).
The current higher rate environment is decidedly unfriendly to all
these ultra-high valuation story stocks, and I suspect that many
trapped bulls have vainly held off from selling in hopes that earnings
season would bail them out of their foolish, fadish investment choices. This will trigger postponed selling regardless of tonight's
meaningless earnings report.
regards,
John
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