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


To: LWolf who wrote (6245)3/18/1999 6:38:00 AM
From: Mark Peterson CPA  Respond to of 19700
 
Laura, irrespective of how any threader feels about the split announcement in CMGI, I read this article too earlier yesterday and I find it extremely provocative and well written.

Thank you for taking the time to post it.

The CMGI shorts, of course, view the remarks offered in the article as "God's eternal truth". They may still be right - someday - on this stock. But with this split announcement, what started yesterday in the aftermarket may play out today as a short squeeze of biblical proportions.

It'll be interesting to see how the market reacts to this announcement.

Thanks again for the great article.

Mark A. Peterson