Excerpts of the S-1 text regarding the Alta Vista DSP:
At our request, the U.S. underwriters have reserved for sale, at the initial public offering price, up to ###### shares of common stock offered in this offering under a directed share program. We currently expect that ###### of these shares will be offered to directors, officers, employees, business associates, and related persons of AltaVista pursuant to a directed share program being administered by Morgan Stanley & Co., and that ###### of these shares will be offered to U.S. stockholders of CMGI who hold at least 100 shares of CMGI stock as of ######, or 200 shares if this date is after the consummation of CMGI's 2-for-1 stock split announced December 15, 1999, and who have access to the Internet and a personal e-mail address pursuant to a directed share program being administered by Wit Capital Corporation. We cannot assure you that any of the reserved shares will be so purchased. The number of 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.
Purchases of the reserved shares pursuant to the CMGI directed share programs are to be made through an account at Wit Capital in accordance with Wit Capital's procedures for opening an account and transacting in securities.
In addition, Wit Capital is an underwriter of additional shares in the offering. A prospectus in electronic format is being made available on an Internet web site maintained by Wit Capital. |
