CMGI What is the latest news on this stock? Message Board

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Technology Stocks : CMGI What is the latest news on this stock?

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To: Michael W. Brom who wrote (3579)	1/9/1999 12:09:00 AM
From: Douglas V. Fant	Read Replies (1) of 19700

Michael, I did just that- sold the Feb 125 call two weeks ago for 18 points. Bought it back today for, 81 and "rode the float" a couple of hours and sold the underlying shares near the close for 204. So I unloaded a bad option position for only net two points and about $50 in commissions- not bad. Back to cash and ready for battle next week. Note in your IRA they should also allow you to purchase puts, not a bad insurance policy..... Sincerely, Doug F.

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