Tim, Good bargain, right? I read SEC 10Q to comfirm 60% ownership. However, you might want to call CMGI (or LCOS) investor office to comfirm current holding percentage, please tell us result if you do call CMGI.
Think about large free cash position of CMGI, and other holdings (Geocities, black sun interactive, etc), CMGI stock price is worth a lot more than LCOS' price. Market is insane. Although I hedge short against LCOS, I do wish CMGI go up rather than LCOS go down. LCOS sharp down will drag down CMGI price of course, which I do not want to see.
Tim, please comment on CMGI, LCOS technically, I am novice in TA, and I world I like to hear you guys' opions.
Henry |
