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Technology Stocks : CMGI What is the latest news on this stock?
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To: Magnifique who wrote (3099)12/20/1998 8:43:00 PM
From: Jeff R  Read Replies (1) of 19700
 
Institutional Investors in CMGI ( > 5% CMGI Share Holders)

Magnifique -

Institutional money managers are buying internet stocks and most certainly CMGI.

Did you get the recent annual report and proxy statement from CMGI?

Here are the share holders that own more than 5% (and hence have to report to the SEC):

David S. Wetherell 4.6 mil shs 19.5%
FMR Corp (Fidelity Investments) 2.5 mil shs 10.8%
Scudder Kemper Investments 1.2 mil shs 5.2%

This data was as of Oct 1, 1998.

Clearly some institutional investment in CMGI here!!!
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