CMGI What is the latest news on this stock? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stuart C Hall who wrote (4911)	2/25/1999 3:31:00 PM
From: Stuart C Hall	Read Replies (2) of 19700

I almost sold yesterday when I made the post to which I'm responding. Price was ~117. I knew that low volume was a bad thing. I thought we would test 100 again which was my target for reentering. Glad I didn't sell. We bounced off 110 nicely. I wonder if this bounce is in anticipation of LCOS earnings. We could be back to 110 or lower tomorrow. Breaking 120 would be a sign to me to take some profit. I believe we're stuck in this range until the market decides what it's going to do. I'm not a daytrader. I'm long CMGI overall but I think this volatility may be an opportunity to make some quick bucks if it stays in the range I'm expecting. CMGI should get the LCOS deal done at a fair value and then dump them altogether. The new USAI/LCOS will not be a 100% Internet company and CMGI should stay focused or risk diluting their returns.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next