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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Dann who wrote (9653)6/10/1999 6:55:00 PM
From: Nelson Chang  Respond to of 19700
 
I probably don't. But I do understand that this market trading very cautiously and thin.

You could probably call me the epitomy of all traders. Because I'm neither net long or short CMGI, but rather I have June 100 calls and puts bought today. Need a +4 point move in either direction to be in the black.

>>>There were analysts from Investment banking firms, as well as analysts from funds, etc. There were even individual investors taking part in the call. No one had a beef and believe me I have been on calls that were terrible for management because of missed numbers, etc. This is not a normal company. They have 1.6 billion dollars in marketable securities, up from 850 mm last qtr, so they are kicking ass.

You do not understand the game. <<<