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Technology Stocks : CMGI What is the latest news on this stock?

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To: Sowbug who wrote (3240)12/23/1998 7:00:00 PM
From: Millionairess   of 19700
 
i didn't own the stock then but i had heard that they dividended lycos in 97 - when asked if they would be doing it for future ipos, the ceo d. wetherell stated during august/99 yahoo CMGI message board conversations that this dividending was not something they wanted to do in the future because it's not tax efficient - sorry, i'm unable to elaborate on why it isn't tax efficient - maybe someone else has additional info. to mine

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