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


To: SJS who wrote (5223)3/7/1999 11:31:00 AM
From: Jenne  Respond to of 19700
 
CMGI - CMGI, Inc. $152.19 (+29.56)(+13.63)

CMGI invests in, develops, and integrates advanced Internet,
interactive, and database management technologies. The company
delivers creative products and services that will both generate
and profit from direct marketing opportunities on the Internet.
A recognized leader in the Internet arena, CMGI combines
operating companies with strategic venture investments to
create a broad and diverse set of businesses delivering
Internet solutions. Microsoft, Intel and Sumitomo hold
minority positions in CMGI.

CMGI absolutely took off this week. If finished the past five
trading days with a gain of +$29.56. Believe it or not, the
surge should continue. On Thursday March 11th, CMGI will
announce its quarterly earnings. It is possible that they could
also announce a split. Even though the company just split back
in January, CMGI is steadily approaching its all time highs at
the $155 level again. They also have enough authorized shares
for another 2:1 (100 million shares authorized and approximately
46 million issued). Watch CMGI take off this week especially if
the markets can sustain their present rally.