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Technology Stocks : cmgi-TRADE IT

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To: mrc who wrote (4)	5/27/1999 4:21:00 PM
From: Grumman Tiger	Read Replies (1) of 13

Mrc & Neelu....Didn't call it right today other than for the 5 point dips being a good buying opportunity. We will have to wait longer for the run, I still think we will hit 200 share (split adjusted) by the beginning of July. Invester sentiment and money flow will improve going into June. Investors may stay quiet going into this holiday weekend before the next runup. I bought more June 220 calls @ 195, and purchased shares at the close @ 191. My target to dump the calls is 240/share. I don't like to get greedy when holding options, especially if they are up 200-300%. What do you think about tomorrow (regarding day trades)? I am willing to make any trade whether it is 30 seconds in duration or 10 years. I allocate about 2/3 of my money to long term holdings, and the rest is day traded in stocks and options. Todays stock closed at 193. I will be looking to buy on any additional dips of 5 points, and sell on strength of 3-4 points above the purchase price. Any ideas for tomorrow. I am always willing to act on good ideas. Regards, Grumman Tiger

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