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

To: Mark Peterson CPA who wrote (7132)	4/15/1999 12:14:00 PM
From: PAL	Read Replies (2) \| Respond to of 19700

Mark, Selling out of the money puts on cmgi is more profitable than selling covered call. paul

To: Mark Peterson CPA who wrote (7132)	4/15/1999 12:31:00 PM
From: JavaGuy	Respond to of 19700

Thanks Mark. I've done some options writing in the past, but hate to get good stock called away, and option positions can be fairly time consuming. I'd like to write puts on a good drop like this, but this stock is too expensive. Getting put 300 shares would be tough for me to swallow. We really need a bigger split to put us in the double digits, so the MM's and big hands are not the only ones writing options. I'd love a 10:1. I think I will write calls on the the next run-up, could be free money and peace of mind. Anyone - Any brokers out there let you do advanced option strategies in IRA's? I can't remember if it is NASD/SEC regs, or just individual broker policy. I'd like to sell cash covered puts in my ROTH to buy stock. TIA. Cheers. JavaGuy