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: loafing who wrote (4773)	2/13/1999 2:11:00 AM
From: HG	Read Replies (1) of 19700

Nobody can make a decision for you, but here is what I did with my stock when the market tanked...I couldn't think it would be such a drop... In my current lot of CMGI - Bought at 138, averaged down at 125, averaged really down @92, sold part (the 138+92 part) @110-115, holding 125 part for a better price. Then bought Jan 100 calls when stock was 106 - as a long term investment (will roll up when necessary). Will average down the stock and sell the remaining stock soon...break even or some profit... Or you could just hold for a few more days....and then decide... Or you could cut your losses and put it down to experience.... Depends if you think CMGI will or will not grow... Personally I get nervous when I'm in the red... Hope that helps you plan your exit.....or a longer term strategy

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