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

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To: Scarecrow who wrote (7862)5/3/1999 4:23:00 PM
From: bargainman  Read Replies (2) of 19700
 
Where is everybody? We traded between -6 and -15 most of the day and dropped to -19 1/2 in the last five minutes. Any thoughts on what this portends for tomorrow? Until the last five minutes I was feeling pretty good about its resilience in the face of today's broad anti-internet sentiment. Still, we're holding above 230, which appears to be support level charted by a number of folks. Seems to me that the Naz has got follow the Dow upward at some point. I'd like to see another good bounce off of 230 to set up our run to the split day 5/27. Is fretting over possible .25 to .50 interest rate hike the problem? Or the ongoing debate over valuations?
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