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


To: Vol who wrote (8710)5/25/1999 9:03:00 PM
From: stock_bull69  Read Replies (1) | Respond to of 19700
 
Do you believe everything you hear on CNBC? If they are saying that this market correction is causing the death of IPO's that is simply negative journalism which unfortunately sells advertising. This correction may delay a few IPO's from hitting the market in the near term and others will end up much lower on their first day of trading. Therefore CMGI's share price has taken a hit and is down nearly 45% from it's alltime high of $330 with a stock split coming in 2 days! But long term CMGI has plenty of eggs in their basket and I can think of no better stock to hold with the possible exception of MSGI which is just getting started (a baby CMGI)!

Steve