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Technology Stocks : CMGI What is the latest news on this stock?
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To: Stephen who wrote (1735)8/31/1998 6:07:00 PM
From: TokyoMex  Read Replies (1) of 19700
 
I heard Fidelity has been unloading yesterday and today ,, they own 12% junk ,,,,

Like last time ..

Let's hope they are all out now ,,

Bastards,,,

Remember CMGI got 225,000 shares of AMZN for Planet All,, also sell Reel, which costed 5 mill,, and got HLWY for even .. which represents 100 mill plus 9.8 mill of GCTY at 18 ,, today's price is 176 mill to CMGI ,, discounted by 20% as a partnership pay ...
Then 10% of LCOS ,,
Figure out the arbitrage on this ,,

I say this is a 70 dollar stock that got whacked...
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