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

To: S.A. Smith who wrote (13912)	11/3/1999 8:17:00 PM
From: Mark Peterson CPA	Read Replies (3) \| Respond to of 19700

S.A., the float could surely affect the way a stock trades. But with ICGE, there is a host of shorters who thought it was meteorically overvalued at $112, and shorted, accordingly. And shorted more at $129 and were, to some extent, validated. Only to have their dreams vaporized as it roared through $138. So, they had to cover. Or else, face considerable spousal venom. So they're still chasing it. And the run could stop at something over $160. And when the shorts have bought back in, be sure you're on the sidelines. It's going to be one hell of a ride, IMO. Mark