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Technology Stocks : CMGI What is the latest news on this stock?
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To: Jorj X Mckie who wrote (3632)1/10/1999 1:22:00 AM
From: Gary105   of 19700
 
Company adds $50M to warchest through sale of convertibles (convertible within first year at about $150/share (116% of Dec 21 close), after that convertible at market price - net effect is about $2 increase in book value (smart move):

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