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


To: Craig Rogers who wrote (3194)12/22/1998 2:04:00 PM
From: SJS  Read Replies (1) | Respond to of 19700
 
Look at the chart. I'd love this to run, but you don't want indigestion, do ya? There is alot to digest over the last week. 55 points or so, almost a double.

Let some shorts think they've got a crack at it, and let some longs lighten their positions. When new money comes in, it will drive it back up.

I'd rather have a slow steady move up that these huge spikes, as long as up is the direction....



To: Craig Rogers who wrote (3194)12/22/1998 2:16:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 19700
 
Craig, Just a bout of digesting gains.. CMGI IMO has an effective business model about financing, nurturing and building Internet companies. The 2-1 split is a vote of confidence by the management too....

Sincerely,

Doug F.