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: DAX KIMPO who wrote (14626)12/9/1999 7:38:00 PM
From: Highway Jim  Read Replies (1) | Respond to of 19700
 
CMGI IPO's....question to all.. if your are a shareholder of CMGI, can you get some of their IPO action or some IPO shares?

Thanks



To: DAX KIMPO who wrote (14626)12/9/1999 7:50:00 PM
From: polarisnh  Respond to of 19700
 
Dax,

It is funny that you say that. Early last month I wrote CMGI NOV 115 covered calls for $3 a share while the stock was around $100. I was proud of myself. Then it fell some more and I was leaving for a vacation a little more than a week before option expiration. I was a little nervous about CMGI taking off while I was gone so I checked the premiums and lo and behold they were 5/8. Well, to make a long story short, I bought them all back at 5/8. BOY AM I GLAD I DID!!!! I would have really kicked myself in the butt for missing a 100 point run!

I really haven't done my DD on LEAPS and maybe I should. Thanks for the advise!

Cheers,

Steve