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

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To: SJS who wrote (5538)3/10/1999 4:57:00 PM
From: Mark Peterson CPA  Read Replies (1) of 19700
 
SJS, it's both. Someone wanted to get out, someone wanted to get it. But sheeesh! When you sell that size block, you're bound to knock the stock down 2 or 3%. It appears that that didn't occur.

Suggests to me that smart money is buying the stock (a $39,155,000 bet), and someone who enjoyed the run-up from November is saying "I'm happy with my 400%.."

Best regards,

Mark A. Peterson
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