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


To: Sowbug who wrote (475)5/7/1998 4:12:00 PM
From: RLM  Respond to of 19700
 
Throw out conventional wisdom when it comes to this stock. This stock is pure speculation. But usually is is best to buy the stock right after the stock split is announced and right before the split.
So I would watch the price tomorrow and buy on a dip. I am in at 93 1/2.

RLM



To: Sowbug who wrote (475)5/7/1998 5:12:00 PM
From: The Vinman  Read Replies (3) | Respond to of 19700
 
<<long term holdings>>

Sowbug, you actually have "long term holdings" in this stock and you want to INCREASE your position? I have a better idea, take your profits off the table and save yourself a lot of money. Stocks outperform pre-split. Research clearly shows that post split there is no significant up swing, and CMGI has sat there like a log the last couple of days, closing below $99 today. For the record, I am short at 100 1/8. Keep in mind, this stock was heading down to never never land before they announced the split.......that is starting to wear off....

Good Luck

Vinman