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

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To: Sowbug who wrote (475)5/7/1998 5:12:00 PM
From: The Vinman  Read Replies (3) of 19700
 
<<long term holdings>>

Sowbug, you actually have "long term holdings" in this stock and you want to INCREASE your position? I have a better idea, take your profits off the table and save yourself a lot of money. Stocks outperform pre-split. Research clearly shows that post split there is no significant up swing, and CMGI has sat there like a log the last couple of days, closing below $99 today. For the record, I am short at 100 1/8. Keep in mind, this stock was heading down to never never land before they announced the split.......that is starting to wear off....

Good Luck

Vinman
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