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

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To: HG who wrote (4686)2/9/1999 8:44:00 PM
From: Dave Dickerson  Read Replies (1) of 19700
 
Happy Girl- I'm hurting too, but remember this stock moves with a beta of 2.6,very swiftly. Last mid-year 1998, it was at $40 and went down to $20/share, but by the end of the year, it was at $100,pre-split price,which was a 500% run up from the low point of $20. One could of gotten discouraged last year and sold for a 50% loss. My file on this company is 5 inches thick,it will have 4-6 ipo's this year,more than likely another stock split,and other news of acquisitions, and exceptional earnings.Hang in there.
Dave Dickerson
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