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


To: mike machi who wrote (13976)11/9/1999 2:23:00 AM
From: Chetman  Read Replies (2) | Respond to of 19700
 
This is my first CMGI post. I am a long term investor (22 and change presplit) who also likes to trade this stock. I did well (so far) loading up on EGRP stock and Jan options in OCT and was looking for the next "overlooked" high caliber net play. I admit I missed the big moves in CMRC, ICGE, PHCM, etc, but I don't want to miss the one I think CMGI will make soon. Bought 10 Jan 140's at 4 3/4 and 200 Jan 180's at 1/2 today. Risk $15K, reward?...we'll see.

Chet

If I can find the time, I'd like to post my list of reasons for doing this, both on a technical and fundamental basis.