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Technology Stocks : IPOs with Directed Shares (Affiliation/Affinity) Programs

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To: Topannuity who wrote ()7/30/1999 8:38:00 AM
From: Topannuity  Read Replies (1) of 14
 
NAVISITE DSP - from the prospectus--

Directed Share Program. The underwriters have reserved an aggregate of shares of common stock to be issued by us and offered for sale in this offering for purchase from the underwriters through a directed share program by officers, directors, employees and other business associates of NaviSite. The underwriters have reserved an aggregate of_______shares of common stock to be issued by us and offered for sale in this offering for purchase from the underwriters through a directed share program by United States stockholders of CMGI who hold more than 100 shares of CMGI stock as of________ 1999 and who have access to the Internet and a personal e-mail address. These sales will be at the initial public offering price. We cannot assure you that any of the reserved shares will be so purchased. The number of these shares of common stock available for sale to the general public in this offering will be reduced by the number of reserved shares sold. Any reserved shares not purchased will be offered to the general public on the same basis as the other shares offered in this offering.
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