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Technology Stocks : CMGI What is the latest news on this stock?
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To: Jenne who wrote (8205)5/13/1999 2:11:00 PM
From: PDL  Read Replies (1) of 19700
 
Jenne: This seems to be the pattern -- usually strong early in the week followed by some fading late in the week (some people lightening up on their internets prior to the weekend) depending upon the news cycle. Although the whole sector has been under pressure recently from the "sector rotation" into more value plays. IBM is making a huge move today, so maybe some institutional money is chasing that (at the expense of CMGI and LCOS). Just some speculation... Stay strong and long!
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