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

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To: badon518 who wrote (12737)8/26/1999 7:17:00 PM
From: LarryCPA  Read Replies (1) of 19700
 
I've been thinking about CMGI's tendency to rise at the open and swoon at the close. I think it may be related to the day-traders getting their positions opened at the opening and cashing out before the close. If that is the case we can really disregard the 1st and last half-hours, unless we want to buy or sell in which case that is where our limit orders will go off. Does this seem reasonable to you people?

PS: Weirdly enough while the New SI is closed the Old is up and running normaly
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