Registered User Joined: 10/26/2006 Posts: 56
|
Interesting to have heard Peter Worden talked on CMGI in his recent stock selection list (12.06). CMGI has @Venture origin and has switched five year ago to focus on the Supply Chain Management for companies like: Sandisk, HP, MoGo Mouse,...
As of Dec 4. CMGI's "profit increased nearly fivefold in the fiscal first quarter, as falling operating expenses and a tax benefit offset a drop in revenue. Quarterly earnings for the three months ended Oct. 31 rose to $10.3 million, or 2 cents per share, from $2.1 million, or breakeven on a per-share basis, during the same period last year."
Technically, price and volume had some gap up; MS, TSV are above the high 75% average, lots of BOP buying back in March, April, July, October, Novemeber. MACD showed MA centerline crossover and a positive trending as price volume action.
Insiders: CEO, CFO, directors have been vesting heavier on the stock options recently.
|