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Technology Stocks : CMGI What is the latest news on this stock?
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To: Magnifique who wrote (4812)2/15/1999 10:49:00 AM
From: B. A. Marlow  Read Replies (1) of 19700
 
Thanks, Magnifique. Always interested in new insight.

CMGI great. Don't generally buy puts, but I understand why traders do. (Cramer loves 'em.) I tend to write puts, although boring stocks are generally more reliable put vehicles than Nets. Clearly, if you expect a correction, buying puts is a better play than selling calls.

I've come to the conclusion that the overwhelmingly negative sentiment about techland is a bullish leading indicator. All it takes is one good press release or news announcement to turn around this market. It's all noise out there...the pundits are wimps.

BAM

P. S. Thanks for FNHC; heard of it, but now will check out.
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