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Technology Stocks : CMGI What is the latest news on this stock?
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To: Judy who wrote (4487)1/30/1999 5:02:00 PM
From: MulhollandDrive  Read Replies (1) of 19700
 
Hi Judy,

Yeah, I was aware of that, but the Schwab list only became effective Jan. 29.

I would suspect quite a number of margin calls going out because of it. As you well know, internet traders have been the source of the tremendous volatility, not institutions. Most of the fund managers that I've seen interviewed have indicated that they are only in the
"blue chip" nets, YHOO, AOL, AMZN and the like. I guess we'll see how deep their pockets are.

bp
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