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


To: James Thompson who wrote (8899)5/27/1999 2:20:00 PM
From: Jenne  Read Replies (1) | Respond to of 19700
 
The sentiment is quite negative ...we could have a late day sell off going into the split

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To: James Thompson who wrote (8899)5/27/1999 2:27:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 19700
 
Jim, I never bought into the "Hey-Ho! At 400 We Go!" school of thought.

So I think the split here is just fine. And barring a major market (NAZ) meltdown, there's not going to be a "hold onto your shorts or they're going to end up around your ankles" fall-off, post-split. The meltdown occurred pre-split. IMO, there just won't be a substantive one afterwards...

But you set up your CMGI strategy properly, with a little luck, good sense, time, and favorable market support, you can go fishin', shoppin', surfin', or do anything else you wish to do with your time...

And you and I won't need those secret decoder rings anymore ...

Best regards,

Mark A. Peterson