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Technology Stocks : CMGI What is the latest news on this stock?
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To: Scarecrow who wrote (12557)8/13/1999 8:11:00 PM
From: bargainman  Read Replies (1) of 19700
 
Remember, too, that CMGI's value is based in large measure upon the current and anticipated value of its holdings, which are all internet and all currently under the same pressure. That makes it harder to start the uphill march, but when market sentiment toward internets takes a more positive turn, as it eventually will, CMGI will explode upward. Meanwhile, I suspect we'll see at least one more dip across the board as we approach Aug. 24 and High Noon with the Fed.
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