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


To: Jenne who wrote (7682)4/28/1999 1:17:00 PM
From: JavaGuy  Read Replies (1) | Respond to of 19700
 
No explanation on CMGI, I really didn't press for one. I think Schwab sill reels from the time an investor sold a few million in naked puts in the HK branch, market dumped (I think the '87 crash) and It cost SCH millions. They closed the branch. There is a definite "preservation of capital" mentality there that serves most of their customers well, just not the dice rollers. They even make sure you have read parts of a prospectus before you can indicate for an IPO.
There's a novel idea, actually read a prospectus....

JavGuy