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


To: jds who wrote (5104)3/2/1999 2:24:00 PM
From: HG  Read Replies (3) | Respond to of 19700
 
It depends upon the size of your portfolio. If you can afford to let it sit around for a few months, it will grow significantly. if you need the money sometime soon, then hold it for a few days, watch the trend and sell it off as soon as it hits a top repeatedly...protect the gains with a stop loss you're comfortable with.

You could sell the shares and buy 1 LEAP (=100 shares) - less wll be tied up for long term, you could sell a put (=100 shares).....that could free some of your other money......

It really depends on where you see this stock going and what you want to do with how much of your money...

Good luck with whatever you do....be careful. The stock just went from 140 - 92 a few days back. I had bought at 138...!



To: jds who wrote (5104)3/2/1999 2:34:00 PM
From: Jill  Read Replies (2) | Respond to of 19700
 
This thing is day-traded pretty viciously--spikes and plummets, but underlying curve seems good, Wetherell is brilliant, so it depends if you can stomach the incredible volatility. There will surely be some nasty profit-taking soon, but overall it probably has nowhere to go but up and relatively fast