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

To: Bretsky who wrote (6765)	4/7/1999 12:37:00 AM
From: freeus	Read Replies (1) \| Respond to of 19700

Does CMGI move up and down with Lycos much? Lycos should be up tomorrow on the Star War merchandise. Freeus

To: Bretsky who wrote (6765)	4/7/1999 1:04:00 AM
From: Brian Malloy	Respond to of 19700

In the case of the general market and for the puts outlined below I simply feel that a fall is imminent, and historically we are entering a period mid to late April when things can get nasty. Over the past week even though the current MOmentum stocks continue to move ahead, there have been net outflows from the S&P 500 funds - where the money is going I'm not sure but the market is getting narrower and narrower. Also, a technical analyst that I follow who does this for a living has been talking about Elliot Wave formations and the need for investors to be nimble as we begin to move into next week. People that truely own these stocks as long term holds should and can stay put. However, there are a lot of "Sunshine soldiers" out there that claim to be long these stocks that are going to panic and get their heads handed to them. For those folks they need to understand that "the techs are to be traded, not owned". If they don't know how to protect their positions (especially those utilizing naked calls-that don't know what they are really dealing with) then taking some profit and selling into strength is a good idea. Because I'm looking for a rather sharp drop (30-50% downside on some of the Inets) I'm picking up naked puts on: May 160 YAHOO YHVQL May 140 AMAZON YQNQH May 140 AOL AOOQH Others may simply like to play a downturn in the general market and look at puts on the S&P500 or NAZ100 Indexes. I may be buying a little early and things may still look strong next week but when the Momentum stops, things will reverse quickly and the premiums on the puts will increase to advantage. Again, for me this is a reasoned but speculative play; I think it will pay off handsomely.

To: Bretsky who wrote (6765)	4/8/1999 1:08:00 AM
From: freeus	Read Replies (1) \| Respond to of 19700

rewaiting for an entry point There isnt any entry point for CMGI, it jumps around like a yoyo. You just have to wade through a day and try to buy it at a low for that particular day. It's awfully expensive but after the split will be even more awfully expensive. We will have a correction although none of us want to think about it but I wouldnt be surprised to not see a majorone until the fall. And then it might be long. JMHO Freeus