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

To: Douglas V. Fant who wrote (3049)	12/18/1998 1:22:00 PM
From: Jon	Read Replies (1) \| Respond to of 19700

The question about the options is always perplexing. In this case we may see a drop-off at the close b/c most of the options are in the money and those that collect on their call positions rarely want to actually put the money down to buy the underlying equity. Therefore, you may see all those call options being exercised and then sell the stock. That's what usually happens when most of the options are already in the money but considering that this is an internet stock all bets are off. The option holders could take a shot at the fences and actually buy the stock. My guess is with the former but I'm still going to hold at least until a week after the split. Just sitting here right now enjoying my day off and watching my positions rise. Good Luck All, Jon