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


To: Michael W. Brom who wrote (3388)1/6/1999 5:03:00 PM
From: brk  Read Replies (1) | Respond to of 19700
 
AMZN is still rolling on after the split took effect...I see CMGI doing the same next week. Hold on tight and we might see 90 a share(after split) by the 15th



To: Michael W. Brom who wrote (3388)1/6/1999 5:14:00 PM
From: SJS  Respond to of 19700
 
For you new folks,

CMGI is going to SPLIT on 1/11. You're seening it run with the internet pack, as WELL AS getting some extra on it's own from the pre-split effect.

My contention is that it won't continue too much before the split (heck I thought that 130 was the right price to split at, and 140 was pushing it....) but AFTER the split, it will probably settle between 75 and 90 while it digests a humongeous move....

To keep it going, they've got to get some IPO plans out to the public...



To: Michael W. Brom who wrote (3388)1/6/1999 6:07:00 PM
From: mrc  Read Replies (1) | Respond to of 19700
 
Michael, look at the chart and you will see that you must have a strong stomach to stay with this stock long term. It moves up and down quite sharply and all your gains could disappear. Just as you start to hate yourself and click the SELL button, the stock surges up and a) you have a loss because you sold at the bottom, and b) the stock moves to a new high. This is a definitely a roller coaster stock but very rewarding.

Regards,
mrc