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


To: Sword who wrote (1533)8/17/1998 2:41:00 AM
From: Nick  Respond to of 19700
 
CMGI seems to be getting publicity everywhere. But with the global markets tanking and our friend Bill speaking tomorrow...I don't think it's going to be a good day. Friday I went on a selling spree, including CMGI, and went to 50% cash. I unloaded CMGI not because I don't think it's a great company, but just because I think it has a lot further to drop. One day, I'll buy in for the long term. But as for tom. the S&P Futures already down 10. Here's the article:

TOKYO, Aug 17 (Reuters) - The key September S&P 500 stock futures traded on Globex were down more than 10 points in early afternoon Tokyo trading amid growing concerns over global stock markets, traders said on Monday.
At 0437 GMT GMT, it was down 10.80 points at 1,051.50.

The index's decline, in turn, helped drag down Tokyo's benchmark Nikkei 225 share average, which slid over three percent in nervous trading, traders here said.

The market was also jittery ahead of President Bill Clinton's planned testimony before a grand jury later on Monday.

Clinton was expected to admit to an ''inappropriate relationship'' with Monica Lewinsky, but to insist he did not tell anybody to lie, a source familiar with his preparations said on Sunday.