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


To: Scarecrow who wrote (7148)4/15/1999 2:12:00 PM
From: DAX KIMPO  Respond to of 19700
 
Today is the same ritual as last month in the sense that the price drop a lot just before option expiration. If history repeats, this should bounce to new highs in a few weeks. MM's really used their might as the price spiral started just before the start of option trading today.



To: Scarecrow who wrote (7148)4/15/1999 2:20:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 19700
 

...this is a relatively short-term phenomenon. No matter how casual/jaded some of us may be who have very low entry points, this is, unpleasant, unwelcome, and unappealing. But it's not unexpected...

Scarecrow, well "put". A remark for all of us to remember.

Best regards and thankyou,

Mark A. Peterson



To: Scarecrow who wrote (7148)4/15/1999 2:50:00 PM
From: freeus  Respond to of 19700
 
renot unexpected but unpleasant
Thanks. Lucky for me (because I'm on margin and my broker requires 80% on CMGI....until I switch to Brown) I got in at an average of $206 but this is pretty uncomfortable. And must be very uncomfortable for those in at over $300.
But it will be over $150 post split (assuming two for one) I'll bet.
Freeus



To: Scarecrow who wrote (7148)4/15/1999 3:06:00 PM
From: Hyrulean King  Respond to of 19700
 
Does anyone know what the Xdate is on the split (when you had to buy by..) TIA



To: Scarecrow who wrote (7148)4/15/1999 3:20:00 PM
From: DiB  Read Replies (1) | Respond to of 19700
 
I have a strange feeling that the market got a major headfake (down-and-up) today...

CMGI is up 4 RT!