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Technology Stocks : CMGI What is the latest news on this stock?
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To: Mark Peterson CPA who wrote (12583)8/17/1999 3:08:00 PM
From: Netwit  Read Replies (4) of 19700
 
I don't like the compensation arrangement either. If the executives have the ability to swing a deal either into Ventures or CMGI, they will in fact swing it into Ventures because their pockets get fuller. I hate to sound so pessimistic but we are a nation of rabbits and you do have to be extremely careful where you put the carrots. I do not know what their guidelines are for determining which investments go where, but this is a matter that should be address before a conflict becomes realized not after and it is not hypothetical. Compensating executives in accordance with VC industry practices does not concern me--the market for those services is what it is. The concern is just the ability to swing the deals to Venture or CMGI.
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