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Technology Stocks : CMGI What is the latest news on this stock?
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To: Boris2000 who wrote (15223)12/27/1999 10:07:00 AM
From: Scarecrow  Read Replies (2) of 19700
 
Tomorrow - 12/28 is the "record date " for the 2:1 split and presumably the eligibility deadline for Alta Vista IPO
shares through Wit.

That is untrue on two fronts. The "record date" has virtually nothing to do with the split. It is irrelevant. Split dynamics (whatever they are) will occur up to 1/11 without any influence from 12/28 trading.

Also, NO eligibility date has been set for ALTA IPO. No IPO date has yet been estimated. No DSP letters have been sent. In short, there is no reason to expect that ALTA IPO will have any unusual impact on trading today or tomorrow.

DSPers will need 200 post-split shares to qualify, but that doesn't mean they need to have 100 pre-split to qualify...
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