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


To: PAL who wrote (11067)6/29/1999 12:17:00 PM
From: Mark Peterson CPA  Respond to of 19700
 
Pretty darn elegant strategy, Paul.

And you make it look so simple! ;~)

Mark



To: PAL who wrote (11067)6/29/1999 3:22:00 PM
From: PAL  Read Replies (1) | Respond to of 19700
 
Mark, I have been telling my friends and relatives about CMGI and the beauty of straddle and strangle:

1: know what stock you want to be in
2: are you willing to to own twice the numbert of shares at half the price a year from now
3: if a year from now the stock is tenfold, but you are only getting 300% appreciation, would you be miserable?

It is important to know which stock to choose. I believe that CMGI has better potential than AOL. Now with AV being beefed up, I think Lycos acquisition is not that crucial anymore. If there is no chemistry between Wetheral and Davis, would good would it be buy Lycos? Alta Visat is going to be a major player. The action today already makes more people aware of Alta Vista. As for Lycos? The market does not seems to get excited.

Best regards

Paul