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Technology Stocks : CMGI What is the latest news on this stock?
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To: Kevin Dann who wrote (9643)6/10/1999 6:33:00 PM
From: Nelson Chang  Read Replies (2) of 19700
 
CMGI conference call: the question is......

......will this be incentive enough for mutual funds to increase their position in the stock tomorrow or the near future? Or are they going to be selling into the strength or whatever they can get.

These analysts in the conference call are biased, so I take their giddy comments w/ a grain of salt. CMGI is over 50% held by institutions is what should be of concern.

Then again maybe it'll be up 20 tomorrow.
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