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


To: Mark Peterson CPA who wrote (13911)11/3/1999 6:28:00 PM
From: S.A. Smith  Read Replies (1) | Respond to of 19700
 
Mark,
This may be a dumb question, but I'm not smart enough to do anything but buy and hold...
but doesn't the fact that ICGE has a float of 14.9m vs CMGI's 81.8m do a lot to explain the difference in their respective movement? And wouldn't float size explain why CMGI is not having the same types of runs we saw, say, two or three splits ago?
Just seems to me that fewer shares divided by lots of people equals more movement.
TIA