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Technology Stocks : CMGI What is the latest news on this stock?
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To: james h. snyder who wrote (3139)12/21/1998 2:47:00 PM
From: Islander  Read Replies (1) of 19700
 
the next 20 minutes will tell how we close, imo. the shares dropped down to 122.5 and the buyers came in and took it back to +123. unbelievable momentum to the upside. I didn't buy at 126.5 after all. I am going to pay off my car today at lunch w/half the profits today, which total ~ $25k, paper of course. I keep thinking, "...if ebay can go to 300, why not CMGI?" hard to advocate selling this one unless you buy back at the close. I bought on Friday, at market, at 16:59 and got 98.625, thanks to the daytraders who sell rather than holding. that same tactic will work well today and all week. I watch the TICK for a general feel of the market, it is only -42 with 45 minutes to go. the market looks quite strong in my view, I know, "..well...duh!"
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