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

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To: HECTOR RUBERT who wrote (9781)6/11/1999 10:24:00 AM
From: McNabb Brothers  Read Replies (2) of 19700
 
Hector,

You are the only one that sees what is really happening to the stock price of CMGI today! Don't let anyone kid you FUNDAMENTALS do matter, maybe not now, but in due time they will matter. I'm afraid CMGI's time is now as far as FUNDAMENTALS making a difference. I'm short a ton of naked calls on CMGI (See previous post below) and watching the premium being sucked out of them like a toilet being flushed! If I were long I sure would have been selling covered calls against a position like CMGI with the sky high premiums they were offering and IMO still offering! Hang in there and do not let the market control your life, for life is way too short. Good luck and again I for one see where you are coming from and believe you are right on the market about the FUNDAMENTAL do win out sooner or later!

Hank
Message 9957780
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