Stock Watch: CMGI on the Rebound

CMGI, Inc. edged higher in early trading Monday, rising 4 3/16 to 56 1/4. The Internet investment company was among technology issues hit hard in Friday’s sell-off.

AltaVista, the Internet portal in which CMGI holds a majority stake, reportedly delayed plans for an initial public offering this week, because of a weak market for new issues.

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