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


To: mike machi who wrote (17043)3/10/2000 3:53:00 PM
From: DAX KIMPO  Read Replies (1) | Respond to of 19700
 
Hi Mike,

After a while on this stock, this seems predictable. It did this before after its earnings, and a couple of days later it went up so fast. Hope the sellers realize this, otherwise they will be scrambling later at a much higher price. Regards.



To: mike machi who wrote (17043)3/10/2000 4:11:00 PM
From: cyberman  Read Replies (4) | Respond to of 19700
 
I am long CMGI so don't take this the wrong way, but first off a loss of 0.74 is blow-away because the average estimate on the street was like 1.27 or something and look what happened to the stock, even after the analysts wrote supportive research.

Also, Wetherell outlined that revenue will probably grow around 20% per quarter for the rest of 2000, so I wouldn't count on any blow-away quarters in the near future or he would have guided the street higher.