CMGI Active Ahead of Earnings

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By Douglas A. McIntyre Updated Published

As a reminder, CMGI Inc. (CMGI-NASDAQ) is set to report earnings after the close today.  There are no bulge-bracket firms covering it so we won’t even try to fathom a guess as to whether or not it will post another profitable quarter.  We pointed out last week that the company is trying to transform it self. 

Here is our full list of comments from last week with the full preview.  Shares are up $0.01 at $1.55 today ahead of the earnings, but it the $1.58 highs last week.  It has also already traded 7 million shares as traders are make thier various bets if it is going up or down.  The January short interest was 15.1 million shares and we haven’t yet seen the February reading.  This will be one to watch in after-hours and tomoroow.  Looking at it from an outsider viewpoint it looks like a coin-toss.

Jon C. Ogg
February 26, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

Contact [email protected] for any questions or corrections.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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