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


To: bargainman who wrote (8363)5/18/1999 11:48:00 AM
From: stock_bull69  Read Replies (1) | Respond to of 19700
 
The whole INET sector as a whole is down so it's not CMGI specific. Even MSGI, which has gone up 7 days in a row is down today. IMO the fed's will not do anything and we should see a late session rally bringing CMGI up over $250!

Steve



To: bargainman who wrote (8363)5/18/1999 11:49:00 AM
From: Mike Boiko  Read Replies (1) | Respond to of 19700
 
Dell took a 5% stake in CMGI's Navisite - I just spotted this today in the latest BW... With the $200M invested into CMGI by Gateway, I missed the Dell/Navisite announcement...

-mike-



To: bargainman who wrote (8363)5/18/1999 11:58:00 AM
From: Jenne  Respond to of 19700
 
I believe its the anticipation of the Fed.. CMGI is nervous.. and perhaps consolidating for its run to 350.

: )



To: bargainman who wrote (8363)5/18/1999 12:07:00 PM
From: Dave Hudson  Respond to of 19700
 
It is sector wide, but is probably because of the fed.



To: bargainman who wrote (8363)5/18/1999 12:15:00 PM
From: Dave Dickerson  Read Replies (1) | Respond to of 19700
 
The fed.anounces it's decision at 1:15pm central time, until then nets and CMGI are on hold.
IMVHO, if no action by fed, then presplit cmgi rally can start.
Good Hunting
DAVE DICKERSON