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


To: DiB who wrote (3516)1/8/1999 11:04:00 AM
From: SJS  Respond to of 19700
 
I took a little off the table at 190...



To: DiB who wrote (3516)1/8/1999 11:11:00 AM
From: Guardian  Respond to of 19700
 
question for all: i put in a limit order for 100 sh cmgi this am before market at 170 1/4, above low bid at time. got execution at 9:45 from DLJ direct and took screen print. got e-mail confirmation of buy at that price at 10:01 am. then at 10:07, cmgi disappeared from my dlj execution screen and the order screen reverted to open. at 10:17 i got an e-mail from DLJ saying that the exchange reported the execution in error.

Has anyone else had this experience with dlj or other brokers as to NASDAQ and, if so, what was the outcome? I asked DLJ for the exchange's notice, but they told me it was by wire and they couldn't provide it. they also said it happens occasionally. i just have the feeling some MM is intervening (stealing profits) post execution and i am seriously considering legal action. what do you experts think?

thanks for any input.



To: DiB who wrote (3516)1/8/1999 7:10:00 PM
From: Gary105  Read Replies (1) | Respond to of 19700
 
post split low will fill gap created today at 170+ (or 85 post split) - not lower (imo only). Risk associated with the stock is more of missing out upside - we may have the equivalent of an Amazon post split move. Personally I'd like to see it level out for a while before resuming uptrend - I think it would be healthier. But underlying the stock is best summed up in Steve Harmon's commentary about it being severely undervalued and that any internet fund manager who doesnt own it should retire - these guys and those who missed the recent rise will be buying the dips. Underlying stocks GCTY and LCOS were up big today.