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

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To: badon518 who wrote (9241)6/4/1999 2:21:00 PM
From: McNabb Brothers   of 19700
 
badon518,

>don't understand risking wealth when you're wealthy.<

Most people with wealth will only have a very small portion of their wealth in speculative positions. I sell naked calls and naked puts, but they only amount to about 20% of my total portfolio which consist of blue chips such as HD, MRK, DO, MSFT, MO, and others of the same quality.

All investments have risk so the wealthy are taking risk anytime they invest. One could also ask why some wealthy people go to work everyday also! It all boils down to making a dollar!

Hank
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