CMGI What is the latest news on this stock? Message Board

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

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To: Mike Torrence who wrote (10935)	6/27/1999 12:38:00 PM
From: Michael Young	Read Replies (1) of 19700

<<I wouldn't call that single day's action a "relief rally". >> The relief rally started on Wednesday June 16 and lasted until this past Wednesday. It took CMGI from the 70s to over 100. That is classic relief rally material. The stock started to roll over again in the past few days. Any move under 90 in the next few days will confirm that the rally has failed. Or a move over 105 would likely lead to a new uptrend. As for now, all we know is the stock failed at the downtrend line. MIKE

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