SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenne who wrote (12377)8/5/1999 11:17:00 AM
From: gizelle otero  Read Replies (1) of 19700
 
I just raised my short term rating to "hold" on CMGI.

I also advised closing any "covered calls" at 10:30 EST.

The next move (if we continue up the rest of the day, closing above $75), would be to watch the technicals overnight and see if there is any sign of a turn. But remember, I am cautious. So I may not do that until we have turned significantly higher. If you are one to go out on a limb, start lining up your cash to buy CMGI outright.

We could be very close to a turning point. We saw some capitulation this AM and volume is outstanding so far today.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext