CMGI What is the latest news on this stock? Message Board

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

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To: Tim Luke who wrote (3026)	12/18/1998 1:41:00 AM
From: Douglas V. Fant	Read Replies (1) of 19700

Tim, Not a bad bet, But at some point CMGI needs to consolidate its recent gains. Maybe cross check the nightly Internet Report for laggards? I myself hold CMGI long and will "crab forward" using call options and buying an occasional protective put.... But it sure doesn't hurt that 30% of the float of CMGI is shorted- that provides really nice price support on the downside..... Sincerely, Doug F.

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