SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: bargainman who wrote (13012)9/17/1999 5:46:00 PM
From: LOGAN12  Respond to of 19700
 
It is always something, but today was strange. On both sides, red and green, very bizarre. Any idea why? Is this stock being manipulated that badly? Don't know, just asking for opinions.

linda



To: bargainman who wrote (13012)9/17/1999 8:14:00 PM
From: Sundar Rajan  Respond to of 19700
 
<The sector performance today was particularly disappointing given the huge Nasdaq rally. It's always something.> Hope the drop is temporary. I sold some Oct 80 puts for $6 1/2 today. Earlier I had traded 80 puts couple of times but got trapped selling Sep 82 1/2's. I will be put the stock monday.

If by earnings time the stock doesn't move up I plan to sell january covered calls. They are still giving 12 1/2 bucks for a Jan 90. Another (reasonable safe) internet put play is SCH. High premiums on puts right now.