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


To: SJS who wrote (4574)2/1/1999 9:41:00 PM
From: Todd Pagel  Read Replies (2) | Respond to of 19700
 
Great publicity for CMGI...NY Daily New Biz Page

nydailynews.com



To: SJS who wrote (4574)2/1/1999 10:26:00 PM
From: Rich1  Respond to of 19700
 
No offense taken. The reason I asked the question was to determine if I was missing something I am long RMBS have been since IPO. Recently sold half my position at $80. Really don't like the way the stock is behaving. Sold puts because I would be willing to buy back at $70. Realize, it could go lower. Don't see anyway to hedge other than leaps but premium is way too high in relationship to price of stock. By the way I also sold calls June $100's at $12.25. They can have my stock at $112 or I can buy more at $70. I can't see the down side to those trades. Apologies to thread if OT. By the way long CMGI at $91. Almost sold June $160. today at $28.