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

To: Jill who wrote (5394)	3/9/1999 5:19:00 PM
From: Boon	Read Replies (2) \| Respond to of 19700

If CMGI announces a 3-1 split, sure, that will spike the share price. But, based on CMGI's price action over the last 18 months, I believe, even with a 3-1 split announcement, CMGI (eventually) will fill its 3/8/99 gap in the low 150's. Please look at CMGI's chart to verify CMGI's strong tendency to fill such gaps. If CMGI announces a 2-1 split -- something I think already is factored into CMGI's price -- the return to the 150's will be even sooner. Having said that, I don't think CMGI will stay at that level long. As I've said, I think CMGI is an extremely strong Internet enterprise, although extremely difficult to value. Just my opinion. Good luck.