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

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To: Sundar Rajan who wrote (13124)9/26/1999 5:29:00 PM
From: Jerry Olson  Read Replies (1) of 19700
 
Sundar..hi and how are ya...

yes i agree..CMGI has looked pathetic of late..weak...

if earnings miss on MON..68 or less would be my downside target..

from the Apr highs to the lower July highs, the stock is trending down...

we need some very good news to spike it out of this range...

i'm long the stock, but might do a straddle play for this week only..not ready to concede a covered call write yet...

in fact Sundar..if it pops you might be able to use a higher strike for bigger money...just a thought...
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