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


To: Chetman who wrote (14696)12/14/1999 1:27:00 AM
From: Jeffry K. Smith  Read Replies (3) | Respond to of 19700
 
Chetman,

I am intrigued (astounded?) by your thought that CMGI may reach $250-300 by January expiration. I was into the stock via a December spread with the 80's and 140's - and am amazed by price increase since then - but $250? What factors do you see possibly taking the stock there, and where do you speculate it may settle in the meantime?

You picked a great one with your $200's - WOW. When did you buy in? I'm too chicken to just buy options, preferring spreads and covered calls.

Regards,
Jeff Smith