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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 (7150)	4/15/1999 3:08:00 PM
From: Ahmad Sinno	Read Replies (1) \| Respond to of 19700

Mark, *OT* somewhat Suppose you write covered calls on CMGI, can you still have a stop loss ? if yes, would the covered calls become naked or would you have have to close options position as well if your stop loss is hit ? If all the above is true, what are the risks of writing naked calls ? Seems minimal to me. All you would lose is ownership of a security that is appreciating in price. With the profits of writing calls, you can repurchase the security, technically, at a lower price. Right ? Thanks for your help, Ahmad