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

To: AmericanVoter who wrote (14544)	12/6/1999 4:56:00 PM
From: HG	Read Replies (3) \| Respond to of 19700

Amein, First let me apologise to cast a shadow over such a good play. That was not my intention. I play options and there is a rule which I heed - almost 80% of all options expire worthless. Unlike shares, where a rally is not necessarily costing anyone anything, option play is a zero sum game. As such, the stock price is manipulated to an extent that the professionals get to keep the gains at the expense of others. Look at the AOL option infection chart. So many put $$s tied up in the ST - this stock seems to be waiting to explode. If you see Ebay at $80 range, this is just the kind of graph it had. It more than doubled in 2-3 months...cmgi can propel ahead on news and rally, but when stocks move ahead on news alone, they tend to have sharp downsides as well in the absence of news... IMO (of course), whatever the reason/strategy for trading options, real money has been spent on these trades, real money will be lost too - and I would never totally ignore this indicator....BWDIK ? Around 300 I would short (by way of puts) to lock my profits..... Happy investing to you. May we all make good money on CMGI. And of course Happy Ramadan.