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

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To: Gary105 who wrote (3590)1/8/1999 7:47:00 PM
From: HoodBuilder  Read Replies (1) of 19700
 
As a long position owner of the stock I love the up moves but I would also like to see a pause. For those that haven't checked... the SOES guys moved this stock big time today. Block trades were minimal and there were so many 100 lot trades my screen was getting tired displaying them all.

God willing we'll follow the AMAZON post split trading pattern, even if we need the SOES guys to do it. IMHO I would not be surprised to see this stock back at $200 post split.

The traders who exited AMZN on the split day at $105 won't make the same mistake twice. The chances of CMGI selling off on Tuesday AM is remote. Greed will overcome all and we'll rock and roll through Thursday when the Option Traders begin closing Jan positions resulting in a minor selloff. This is an excellent opportunity to buy more as the dip maybe overblown as the chickens run for the hills.
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