SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dr. D who wrote (4054)1/15/1999 2:24:00 PM
From: Scarecrow  Read Replies (2) of 19700
 
What in the hell is going on with Cmgi? Down over 60 % from high.

Uhm.... Check your math. It's down 60 points -- or about 38 percent -- from its high.

Lets try to keep the short-term hysteria to a dull roar. Folks, here's the news flash: It's a volatile, high-beta stock in a market that itself is gyrating quite wildly as well. You can't micro-manage a CMGI investment -- you'll go insane with the swings.

Bottom line: we've had an unbelievably positive start to 1999 -- up about 60 post-split points... Some correction, gap-filling, profit-taking (take your pick) is gonna happen...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News