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


To: Highway Jim who wrote (1261)8/8/1998 3:50:00 PM
From: bruin86  Respond to of 19700
 
i m expecting mid 90's by ipo
and we will hit intrday high at 110 on tuesday
happy trading
go cmgi!!!!!!!!!!!!



To: Highway Jim who wrote (1261)8/8/1998 3:53:00 PM
From: TokyoMex  Read Replies (2) | Respond to of 19700
 
I am hearing something about SoftBank and some more acquisitions out of Denver..



To: Highway Jim who wrote (1261)8/8/1998 5:41:00 PM
From: Andeveron  Respond to of 19700
 
>> I can see mid 90's by the IPO, but not sure of 110 by Sept.

It will likely ride up to $95 on Monday, sell off, then ride back up. Monday will be a great day for day trading in and out of this stock since interest in Geo-Cities will pop this one up and down as traders buy, take profits, buy again...etc. GCTY should also be a good play but I don't expect it to flag too much on Monday, it should be strong throughout the day.

$110 by September is extremely exuberant. If the market gets caught in another downdraft in the next couple of weeks, CMGI should revisit the lows it hit last week.