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

To: Sowbug who wrote (3296)12/30/1998 4:18:00 PM
From: Islander  Read Replies (1) | Respond to of 19700
 
Should be plenty of selling pressure through February from people who want to take the gain in early 99. Unlikely holders sold today knowing of the tax bill to come due soon in 98 if they did, I imagine they are waiting 'til the shares rise again knowing they will go up. I really like CMGI as a company and think it is a great trading stock. Here's to a profitable new year!



To: Sowbug who wrote (3296)12/30/1998 7:15:00 PM
From: Nazdak Ned  Read Replies (1) | Respond to of 19700
 
That's a great point. I think everyone is counting on early Janyaury selling so why not unload now and beat the rush> There's still a ton of money on the sidelines and if people start to see some upward momentum, that sideline money is going to start pouring in.


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