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Technology Stocks : CMGI What is the latest news on this stock?
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To: Scarecrow who wrote (12741)8/27/1999 9:08:00 AM
From: Stephen M. DeMoss  Read Replies (1) of 19700
 
CMGI is bidding 897/8's pre-market. Bloomberg TV said it was mentioned by an analysist as a possible nice purchase by another internet company with the basket of companies CMGI has rights to. The same analysist also mentioned that even though some internets have traded up nicely the past two weeks, most are still down 30-40% from recent highs. YHOO, AMZN and AOL were all mentioned. I think we can see a higher high today if the general market cooperates. On line brokers were downgraded this morning. So where will the internet money flow <G>...CMGI! Good luck longs, Steve D.
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