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


To: Richard Tauber who wrote (14553)12/6/1999 5:55:00 PM
From: Richie  Respond to of 19700
 
After hours quote
Looks like we're seeing some continued buying after the bell

CMGI INC
Information as of 12/6/99 5:51:10 PM ET Update Book
SYMBOL COMPANY NAME LAST CHANGE FROM
CLOSE HIGH
TONIGHT LOW
TONIGHT SESSION
VOLUME LAST
TRADE
CMGI CMGI INC 170 +2 (+1.19%) 170 169 1/2 200 5:45 PM ET
BIDS TO BUY
PRICE QUANTITY
169
(BEST) 200
168 7/8 100
167 100
166 1/2 100
Select a price to see all
orders available at that price.

OFFERS TO SELL
PRICE QUANTITY
175
(BEST) 100
Select a price to see all
orders available at that price.





To: Richard Tauber who wrote (14553)12/6/1999 6:11:00 PM
From: HG  Respond to of 19700
 
I meant 200 - 30 more to go.

I'm neither negative on the market, nor on CMGI - esp with a possible split looming ahead. I think we'll do great in Dec and Jan like always. So if I was a LT investor, I'd let it ride the market. My concerns were more about the ST horizon - the stock has run up, may run up some more, but will eventually retrace. From where ? I don't know. So best not to be too greedy and keep *some* PO. But of course you don't want to pay tax this year, so let them ride - but I'd lock *some* profits using puts sometime in the near future - when my objective is reached.

I wouldn't feel comfortable advising on any particular contract - the choice depends on your investment profile and investment objectives. However, if you're invested with profits, I would recommend buying some insurance thru ATM or slightly ITM puts whenever you reach a level where you worry too much about your profits. The ITM puts generally cost very little and you may have to write off the money - but hey, the insurance is for your protection and doesn't come free. Its okey to let someone else make a little bit of money once you've made yours....and you would still have your calls !!!!