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

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To: Raymond who wrote (14817)12/15/1999 6:21:00 PM
From: Scarecrow  Read Replies (2) of 19700
 
Raymond --

Your concerns are not unfounded. I have seen more than one company open completely opposite from what the after-hours trading was indicating the night before. It does happen. People might get spooked by the loss (yes, that seems to happen every quarter CMGI posts a loss...) and that could drive us down.

However, in recent months, as ECNs have gained momentum, the after-hours markets have been more liquid and therefore much more reliable indicators. They're not as solid as the traditional exchanges, obvey, but they're much more solid than they used to be.

Right now, A-H quote (RT) has us at 233. That'd be a fine open tomorrow IMHO!
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