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


To: Jerry Olson who wrote (5759)3/11/1999 8:46:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 19700
 
Hey Juice!

You're right on. CMGI needs to split 3-1 or better several times within the next 18 months in order to sell their stability and float to the institutions.

I'm not in a rush. Sold one heck of alot of calls during the past 10 days. I start feeling pain under 150, but that's short term. At March expiration, I'll dance with the April options. The buy-writes are just fine by me. Hard to find a higher volatility elsewhere.

Thanks for your observations and remarks.

Mark A. Peterson