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Technology Stocks : CMGI What is the latest news on this stock?
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To: Jerry Olson who wrote (4547)2/1/1999 2:44:00 PM
From: Mark Peterson CPA  Read Replies (1) of 19700
 
OJ, thanks for the strategy session. My, you have a tolerance for risk. But you've clearly had fun doing this and who can take issue at what works?

Most of my trades are of the less risky variety. I usually buy call spreads or put spreads, on stocks like this around 15 points away from each strike. Seems to have worked for me.

No doubt CMGI is a keeper. Whether it gets put to you at 110 or 140, it's like buying an industry that irrespective of your beverage preference, we just have to own.

Have enjoyed reading your remarks. Thank you for taking the time to enhance the quality of the CMGI thread.

Mark A. Peterson
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