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: Micawber who wrote (11875)	7/19/1999 1:23:00 PM
From: AmericanVoter	Read Replies (1) of 19700

Brian, I am no technician, however, from looking at the chart, the 88 to 99 looks like a very strong support range... actually, it looks closer to 91-93... I already put a GTC order at 93, of course I may never see it... who knows... I think what is effecting the price decline is that institutional investors already have the shares they wanted... long term holders are nibbling on it whenever it drops few points here and there giving it some stability, and daytraders are trying to identify a direction to ride... and are somewhat on the sidelines with CMGI as it is easier to take a stab on the direction of a company that will be reporting its earnings this week or the next... just my thoughts... best regards amein

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