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Technology Stocks : CMGI What is the latest news on this stock?
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To: Diabolique who wrote (1488)8/13/1998 10:54:00 AM
From: Satch77  Read Replies (1) of 19700
 
Diabolique,

I tend to agree that this stock is ready for a pullback and a test of 60 to 65 range, based on GCTY IPO being over and technically, the charts seem to suggest it. I don't understand how the devaluation of the Yuan will affect this stock though. Would you please explain. BTY, I went short at 78 1/4 this morning. Where would you think a good cover point would be?

Good luck to all.

Satch
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