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Technology Stocks : CMGI What is the latest news on this stock?
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To: AJC who wrote (17748)4/17/2000 6:57:00 PM
From: Sowbug  Read Replies (2) of 19700
 
Thanks Anthony, I didn't realize my prediction came true until you mentioned it!

Just to toot my own horn, witness the prognostication of the ever-prescient Sowbug:

Sunday, Apr 16, 2000 8:31 PM ET: I expect a brutal selloff Monday morning by people hit with margin calls, and then a strong rally in quality stocks by 1:00 Eastern Time. In my opinion there's a better than 50% chance that tomorrow's NASDAQ close will become the new record for a single-day point gain.

Reuters, Monday April 17, 4:29 pm Eastern Time: U.S. stocks climbed on Monday, driving the Nasdaq market to its biggest single day point gain ever as investors bought top technology companies that have a pattern of earnings growth while shunning those that can only promise future profits.

Schwing!
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