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


To: MoonBrother who wrote (11870)7/19/1999 11:44:00 AM
From: bargainman  Read Replies (2) | Respond to of 19700
 
Whatever it is, it is sector-wide. They are all down with a few exceptions. Can't find any commentary that explains it. It's like an observation by a business columnist in the Sunday NYT who said we have ever more analysts and too little analysis.



To: MoonBrother who wrote (11870)7/19/1999 12:46:00 PM
From: badon518  Read Replies (1) | Respond to of 19700
 
how many weak hands can there be? the MM's have been trying to shake out the weak hands for over a month, at least since may, as i recall. with all due respect, i think that whatever the cause of the decline is, it's not weak hands being shaken out. it may be profit taking or opportunity cost selling, i.e., people who are selling this so they can buy something else which they perceive to have a greater upside potential. imho.