CMGI What is the latest news on this stock? Message Board

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

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To: Richie who wrote (16489)	2/15/2000 9:23:00 AM
From: Scarecrow	Read Replies (1) of 19700

Richie -- I took another look at your post, and I have a different interpretation and results: In addition, the underwriters have reserved an aggregate of 825,000 shares of common stock to be issued by us and offered for sale in this offering for purchase from the underwriters through a directed share program by United States stockholders of CMGI who hold at least 100 shares of CMGI stock as of August 25, 1999 and who have access to the Internet and a personal e-mail address. That's 825,000, not 275,000. The 275K were for insiders and another 275K for partners/vendors. The 825K shares of the 5.5M NAVI offering turns out to be a clean, even 15 percent. For ALTA, a 15 percent reservation for DSPers would be 2.22 million shares -- a generous allocation that I think is too high, truthfully. I can't imagine an underwriter giving CMGIers 2.22 million IPO shares. As for the number of shareholders on record -- I can't speak to that. But I believe that there are far, far more shareholders of CMGI than 6,000 account holders. Anyone else shed light on that shareholders of record number? I thought that it didn't include so-called "street name" holders... Scarecrow

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