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

To: David Birnbaum who wrote (5385)	3/9/1999 8:28:00 AM
From: Ken	Respond to of 19700

Probably down, but not by much nor not for long. Its the old saying, "buy on the rumor, sell on the news".

To: David Birnbaum who wrote (5385)	3/9/1999 10:46:00 AM
From: Nicholas Iatropoulos	Respond to of 19700

I think that everyone is anticipating that CMGI will beat earnings expectations by a wide margin and will announce a 2 for 1 split. This has already been built into the price. If they don't do one of the two, expect a drop on Friday. If they announce a 3 for 1, then price may go up a bit more on Friday, although again I would expect some profit taking towards the end of the day. If they just meet expectations, it can go either way, but I would anticipate down. I plan to sell on Thursday and wait for it to come down a bit before getting in again.