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

To: PLeaps who wrote (4950)	2/25/1999 11:51:00 PM
From: Mark Z	Respond to of 19700

CMGI's earnings are always difficult to interpret and not really reflective of their potential. Based on what happened after the last earnings report, I think we'll see a healthy 'anticipatory upswing' regardless of what happens w/Lycos. And if they announce another split (what the heck, they announced the split last time when the stock was at around 90), who knows where this thing will go. So far as the merger, I think (hope?) we've seen the worse so far as CMGI is concerned. The deal won't get worse - it can only get better - and considering CMGI's just about rebounded to where it was when the deal broke, its not really had all that adverse an effect. Thanks to DW's comments at the RobbieStephens conference yesterday, the focus appears to be back on the upcoming IPOs which is, after all, what CMGI is all about. CMGI has a nice stake in Lycos but Lycos is not the only baby in CMGI's incubator. The issue I'm facing is can CMGI hit 150 by March 19th? I wrote some 150 calls against about 1/2 my shares on 1/20 and I'm wondering if now wouldn't be a good time to buy them back. They've lost about 70% of their original value. I think if we hit 125 tomorrow that will scare me sufficiently <g>.