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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Doug who wrote (527)	1/8/1999 1:06:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 3543

Doug, I am playing CMGI for the first time with Feb 120 calls that I bought last week. I don't have any concept of the timing. But what I am doing is following my CMGI position up with deep OTM puts on EBAY. The first hedge that I did was with OTM CMGI puts, but the downside potential on EBAY seems to me to be greater and so it seems like an attractive hedge. I assure you though that I have no special insight into the day-to-day stock movements of the internuts. JXM