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Technology Stocks : CMGI What is the latest news on this stock?
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To: Raymond who wrote (17038)3/10/2000 1:54:00 PM
From: CookiePuss  Read Replies (4) of 19700
 
Raymond, March options expire next week. You are taking a serious gamble holding March calls at this stage of the game. Take a look at the calls to puts ratio on CMGI. There's a huge imbalance right now and if you believe in the options expiration theory, the stock should move lower from here b4 next Friday. Should trade between 130-140 next week based on outstanding calls to puts.
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