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Technology Stocks : CMGI What is the latest news on this stock?
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To: john defreitas who wrote (15881)1/21/2000 1:39:00 PM
From: Sowbug   of 19700
 
sowbug, if it helps i had to do the same today. i ended up flipping it over this morning for JUN100's for an even swap.

John, yes, it does help, though I didn't feel too bad. Few CMGI longs have much of anything to cry about in this stock!

If we mirror last year's performance, we'll see a crazy peak in April and then a choppy, painful slide downward until Fall, at which point the stock goes off to the races again. So there's a lot of money to be made writing appropriate options -- puts through April and calls through till the Fall!

Of course, if it were always that easy, I'd have servants typing this for me, which I assure you they're not doing.
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