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


To: D.J.Smyth who wrote (471)5/6/1998 2:11:00 PM
From: Craig Rogers  Respond to of 19700
 
Buy it back or you'll regret it.

Craig



To: D.J.Smyth who wrote (471)5/6/1998 4:31:00 PM
From: Judy  Read Replies (1) | Respond to of 19700
 
Darrell, I re-entered CMGI this morning on weakness although wary of the overall market. As an analogy, in days gone by I watched the DOW tank 200 points while AOL moved up 3-4 points against the market.

CMGI is a venture capital firm and knows how to get the maximum effect out of good PR. Makes sense if they announce "something" during or near the time of the split. Twice the float and why not pump up the price of the stock. Technically the stock is in a strong uptrend, and until the uptrend is degraded why not trade it with a trailing stop gain?

For me, even though my entry is high, CMGI could become a buy/hold depending on the announcement, if any.