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


To: TokyoMex who wrote (2379)10/14/1998 11:06:00 AM
From: Craig Rogers  Read Replies (1) | Respond to of 19700
 
I wonder why CMGI isn't moving up today? Just about everything else is.

Craig



To: TokyoMex who wrote (2379)10/14/1998 6:47:00 PM
From: surfinSteve  Read Replies (2) | Respond to of 19700
 
CMGI's strength today was very impressive in the face of a selloff by most of the internet stocks at the end of the session. Yahoo fell from a high of 116 down into the 110 range and then bounced a bit, while CMGI held onto its gains all afternoon. The IIX internet index gave up 9 points in the last hour of trading and that is a good indication of what most internet stocks were doing. The volume in CMGI was also very good in the last hour. I wouldn't be surprised to see CMGI's upward move continue in the near term.