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


To: WhatsUpWithThat who wrote (11291)6/30/1999 10:19:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 19700
 
CMGI as of recent has obtained a market cap that makes it ineligible for the Russell 2000. Today was it's last day on the Russell 2000. As a result, many institution's that hold positions in CMGI through their Russell 2000 Index Funds put in a $@#%load of SOC (sell on close) orders

So, who cares about the Russell 2000? CMGI is on its way to the NAZ 100.

And I saw buys in size during the last 30 minutes before the close.

Keep us posted,

Mark A. Peterson