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: Sundar Rajan who wrote (13124)9/26/1999 5:29:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 19700
 
Sundar..hi and how are ya...

yes i agree..CMGI has looked pathetic of late..weak...

if earnings miss on MON..68 or less would be my downside target..

from the Apr highs to the lower July highs, the stock is trending down...

we need some very good news to spike it out of this range...

i'm long the stock, but might do a straddle play for this week only..not ready to concede a covered call write yet...

in fact Sundar..if it pops you might be able to use a higher strike for bigger money...just a thought...



To: Sundar Rajan who wrote (13124)9/26/1999 10:44:00 PM
From: RDR  Read Replies (1) | Respond to of 19700
 
Sunder, one thing to keep in mind is investor need to hear from the CMGI management about future plans. Earlier it was a fund with exposure to various internet plays. Now they have these good real estate that need to work together in an effective and constructive fashion to dominate the internet arena.

Once CMGI demonstrates the capability on the earnings front and comes out with a clear vision... you will not wait long. Recently the new release from BancBoston and others have been very positive on CMGI compared to AOL for instance. I know i am frustated by the range play but am willing to wait and see how it comes out after the earnings. Another thing is YHOO is played by a lot of investor who are aware of its run prior to earnings and then downward move....

Just imagine if CMGI comes out with some kind of arrangement/ merger with LYCOS ..... who do you think will rock !!!

Hoping for a good earning and very positive guidance from CMGI.

Regards,