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


To: HG who wrote (14545)12/6/1999 5:04:00 PM
From: AmericanVoter  Read Replies (1) | Respond to of 19700
 
happy_girl, "AMEN" to your "may we all make good money on CMGI"...

another spin on the PUT / CALL graphs, it does not tell you when was any position established... so, for some people who can identify opportunities fast, they could have created PUT spreads at different times locking in profits...

by the way, what is "BWDIK" ...TIA

amein



To: HG who wrote (14545)12/6/1999 5:05:00 PM
From: Duane Greg  Respond to of 19700
 
Did we make a new closing high today?



To: HG who wrote (14545)12/6/1999 5:14:00 PM
From: ClearSky  Read Replies (2) | Respond to of 19700
 
HG and Amein,

Don't mean to butt in but am also watching CMGI closely--your posts have echoed my thoughts, since I am holding both long stock and long december call options right now.

HG, I had also heard that 80% of options expire worthless, but recently I attended the San Francisco Money Show, and the Options Industry Council people, plus the options people at OPTIONINVESTOR.COM debunked that myth...said only 40% or so expire worthless (forgive me, I don't have my notes here so that # is an estimate). I also recall them saying the same thing about the put/call ratio, that we can't accurately decipher the #'s.

According to point and figure charting, which I follow, CMGI is still firing on all cylinders, however, pullbacks are to be expected along the way. I know a few option services are recommending CMGI calls now...saying that if it breaks resistance at 170 it will fly again.

Of course, all these are good problems to have, right?...what to do with a stock that has run 70 points in a few weeks :).

Jeanne