Silicon Investor (SI) -- The First Internet Community

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? -- Ignore unavailable to you. Want to Upgrade?

To: Dr. David Gleitman who wrote (9574)	6/10/1999 5:15:00 PM
From: Jenne	Read Replies (1) \| Respond to of 19700

Realtime currently 96 .. light trading.

To: Dr. David Gleitman who wrote (9574)	6/10/1999 5:16:00 PM
From: S.C. Barnard	Respond to of 19700

afterhours lite volume - very exaggerated, imo.

To: Dr. David Gleitman who wrote (9574)	6/10/1999 5:17:00 PM
From: MR. PANAMA (I am a PLAYER)	Respond to of 19700

CMGI--------> Solid Revenue Growth........Writedowns due to acquisitions affect NET Earnings....get acquainted with nuances with company or do not play.haahhaha

To: Dr. David Gleitman who wrote (9574)	6/10/1999 5:54:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 19700

CMGI Shares Fall In Late Session After 3Q Losses NEW YORK (Dow Jones)--CMGI Inc. (CMGI) tumbled during the late trading session Thursday after the company reported a third-quarter losses. Shares of CMGI were bid lower to 97 7/8, Reuters Instinet said, from the regular-session close of 101 1/2, which was down 3 3/4, or 3.6%, for the day. For the third quarter ended April 30, CMGI reported it had a loss for continuing operations of 29 cents a share, compared with a net of 9 cents a year ago. The Andover, Mass., company said the latest third-quarter loss included pretax gain of $859,000 from the issuance of stock by GeoCities (GCTY), as well as an in-process research and development charge of $4.5 million. Including these items, the direct marketer had a loss of 30 cents a share for the latest quarter. Also active after the bell, Harbinger Corp.'s (HRBC) stock rose during the late trading session, following the company's positive earnings outlook for the second quarter and third quarter. Shares of Harbinger recently changed hands at 10 3/4, Instinet said, higher than the regular-session close of 10 7/16, which was down 3/32, or 0.9%, for the day. Harbinger announced it expects revenues for the second quarter to grow more than 15% over the second quarter of 1998, and its earnings to meet or exceed Wall Street's expectations for the second quarter. Regarding the third quarter, Harbinger sees its third-quarter net income "slightly" above analysts' consensus.