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Technology Stocks : CMGI DSP Programs

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To: Kim Johnson who wrote (67)2/14/2000 9:27:00 AM
From: Scarecrow   of 178
 
I am fairly confident the last day to buy shares and participate in the Alta Vista IPO DSP was Jan 11th. Really.

Kim, I have doubts about the accuracy of that comment. In fact, I have doubts about any IPO cut-off data that's not forward from the date the announcement is made. Reason: what happens if I had shares on Jan. 11 but sold them on, say, Jan 15? I would have been selling them without full disclosure of the consequences of IPO ineligibility.

No cut-off date has been announced, but I strongly suspect when it is made, people will have at least a day or two to purchase CMGI shares to meet the 200-share minimum to qualify for ALTA DSP shares...

However, my caveat is that this will be a very popular IPO, so maybe they won't do that... But my bet is they will.

Scarecrow
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