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

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To: Ron Kline who wrote (784)7/26/1998 2:42:00 PM
From: JMS  Read Replies (1) of 19700
 
CMGI owns 36.7% of GCTY-I have no clue as to how cmgi's stock will respond to the ipo. The ipo is definitely in the price already, but I am betting a couple of bucks in august calls that it will move upward once the "momentum" types get their info from cnbc, et al.

There is no way anyone can quantify what the GCTY/CMGI market relationship will be-it will be a matter of media coverage/perception/market sentiment which is always an unknown for most of us.
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