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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 (9312)6/6/1999 5:55:00 PM
From: Diabolique  Respond to of 19700
 
While I would love to see a rally I wouldn't count on one. Earnings are a non event for a company like CMGI, which can manipulate the numbers in a significant way. For example, I believe CMGI is still carrying the Geocities investment on the books at 33 cents a share.



To: Jenne who wrote (9312)6/7/1999 11:23:00 AM
From: jackhach  Read Replies (2) | Respond to of 19700
 
I sure hope so, but how are we going to get their without any volume to speak of? The last decent day was last Wednesday (06/02) -- when the institutional money came flying back in when we saw $84/$85.

I figured Friday to offer us some support, but all we ended up getting was a well-below average volume day of 5.4 million shares. I foolishly sold this morning at $97.75 and missed a couple of points, however I have orders in at $95.50 for the day. It probably won't fill -- but why not try.

-JH