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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Jenne who wrote (10545)6/21/1999 12:32:00 PM
From: Millionairess  Read Replies (1) | Respond to of 19700
 
jenne,
this is what briefing says:
...
12:27 ET Market Action : Weakness in bonds weighing heavily on equity market. The 30-yr bond has now sold off more than a point, pushing the yield back through 6%... Dow currently trading 69 pts lower... Nasdaq (+27) still managing to hold onto most of gains, supported by Internet stocks such as YHOO +8 1/4, AOL +2 and tech bellwethers CSCO +2 1/2, INTC +1 1/2.



To: Jenne who wrote (10545)6/21/1999 12:41:00 PM
From: PAL  Read Replies (1) | Respond to of 19700
 
The window dressing for mutual funds second quarter reports has started. Managers are taking profits from cyclicals and moving money back to tech sector. Notice MSFT, DELL, CSCO and INTC all moving up smartly. Bonus time for managers. Anybody needs more tractors from Caterpillar?

Best regards

Paul