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


To: webinfopro.com who wrote (1294)8/10/1998 1:15:00 PM
From: umbro  Read Replies (1) | Respond to of 19700
 
Tough to read a chart like CMGI, given the internet sector backdrop.
However, it does look as if CMGI is having trouble getting above 90.
The move at the end of the week, looks more like a "blow off" than
a steady uptrend, so I'd expect a retracement, back to 75/so.

I don't follow CMGI ... how much of its revenues are from gains
on its company holdings vs. its ongoing operations? And what is
its main business? Is CMG@Ventures a different (private) company,
or a subsidary of some sort?