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

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To: Jerry Olson who wrote (13122)9/26/1999 4:21:00 PM
From: Sundar Rajan  Read Replies (2) of 19700
 
Hi OJ - good to see you on this thread. I have been trading CMGI and selling puts/buying back recently. I looked at Oct 90's - they are pretty expensive @4$. It almost like a good stock for a buy-write. Buy it 85/sell a call for $4. Anyway I am thinking of selling a Jan 95 call for 13 bucks before earnings and buying back after the earnings volatality comes down.

CMGI definitely hasn't shown upward momentum like Yahoo has - it has become a trading stock 80-90 range.
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