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: im a survivor who wrote (16248)2/2/2000 3:02:00 PM
From: DiB  Respond to of 19700
 
KG4, jmho:
I don't have a lot of experience with options. However I do believe that several upcoming events including Alta's IPO (first week of March), quarterly earnings (I think it will be week of 3/13) and ICAST news will propel CMGI past 140.

-DiB



To: im a survivor who wrote (16248)2/2/2000 4:37:00 PM
From: DAX KIMPO  Respond to of 19700
 
Hi KG4,

Been there all the time. When I got caught, I don't do anything. But I watch the premium closely, when it's less than a 1$, then I buy the option back quickly and switch to a longer time option. That way they can't exercise and there's no capital outlay from my pocket. If they are quicker than me, then so be it. I don't look back, I look forward for the next trade. Others here have probably better idea though. Regards!



To: im a survivor who wrote (16248)2/2/2000 4:45:00 PM
From: Mark Peterson CPA  Read Replies (2) | Respond to of 19700
 
KG4, stocks seldom move in a straight line.

And on most days, it's a great deal easier to nail jello to a tree than to try and predict where CMGI's price will be at any given moment.

I've sold the Feb 130's, 140's, 145's, 160's, and the March 150's on 90% of my position. I'm lettin' them stay. I'll let you know what happens at expiration....

Mark