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

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To: Sowbug who wrote (13948)11/5/1999 6:02:00 PM
From: Mark Peterson CPA  Read Replies (1) of 19700
 
Sowbug, I think the Y2K bug is going to have as much adverse impact on the market as a 6 inch snowfall in Philly. Everyone's going to look at the snow, shovel the driveway, and go to work wishing it had snowed 2 feet and they could stay home for a few days...

A possible hedge with no 1999 tax consequences? Sell out of the money calls with expirations a few months out or longer. No problem getting out of the driveway? Then buy them back if you no longer need the hedge.

JMO,

Mark
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