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

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To: Todd Pagel who wrote (4965)2/25/1999 8:20:00 PM
From: SJS  Read Replies (1) of 19700
 
"buy covered call"? I think you meant "buy long calls". Covered refers to whether calls are WRITTEN against long stock you own, or naked (uncovered).

Steve

PS: CMGI gonna go down anytime soon so I can write puts on it? Premiums on puts and calls are GOING TO RISE as we approach the earnings event on 3/11.

Buyers and Writers should be ready to review their strategies!!
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