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Technology Stocks : CMGI What is the latest news on this stock?

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To: sunny who wrote (15950)1/23/2000 12:54:00 PM
From: Mark Peterson CPA  Read Replies (1) of 19700
 
sunny, the issue we were attempting to clarify was how CMGI would structure the business combination - i.e. as a taxable transaction, or a non-taxable corporate reorganization under IRC 368(a).

The implications were whether this roll-up would have any affect on earnings per share.

I guess I'm inclined to believe this isn't going to create a taxable event....

Mark
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