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

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To: Sowbug who wrote (3085)12/20/1998 11:00:00 AM
From: Todd Pagel  Read Replies (1) of 19700
 
Sowbug...

Thanks for the input. I don't think I am brave enough to make an option trade during "normal market" price swings. I think that, when I know a little more, I might give it a try when an "event" is imminent - say like a pending IPO announcement. CMGI is going to have a few of them in 1999, according to Dave W., so I think there will be ample opportunity to make some meager profits. As for possibly losing the premium? Call it tuition for valuable lessons learned. As Magnifique pointed out, unfortunately, I don't know what I'm talking about...yet ! I think the farm is safe for now.. :-)

BTW, anybody else going to load up on COOL Monday for Tuesday's earnings announcements? Too bad there are no options out on COOL... ;-)

Best of Luck

Todd
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