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Technology Stocks : DoubleClick Inc (DCLK)

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To: Lizzie Tudor who wrote (2336)6/14/1999 11:50:00 PM
From: BGR  Read Replies (1) of 2902
 
Michelle,

Yes, I am still long DCLK calls. I liked today's deal very much (at the minimum it stops the flow of red ink at an earlier date) and in a good day this would have propelled the stock up a bunch. Of course, the nets are out of favor presently.

But GNET shines (except in comparison to CNET, perhaps), period. Check out Jeff's post about GNET's expected revenues and margin for the next fiscal year (which management is comfortable with). The premiums in the calls are obscene, but I feel that to be justified given the potential.

Thinking of getting some July EBAY puts tomorrow. They seem to have a rather incompetent IT department. That IMHO is the second most important thing is eCommerce (the first being ease of use). Would like to know your opinion. Thanks!

-BGR.
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