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

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To: DAX KIMPO who wrote (6758)4/7/1999 8:13:00 AM
From: Mark Peterson CPA  Read Replies (2) of 19700
 
I can confirm the filing. CMGI filed a 14A this morning increasing the authorized common from 100M to 400M and amending the company's 1986 stock option plan and 1995 employee stock purchase plan to increase the maximum shares from 9M to 14M.

Suggests to me that CMGI wants enough authorized shares avail for at least one for 2 for 1 and 3 for 2 splits or an additional 3 for 1. Just tuck this stock away in your "keeper" bucket

Best regards,

Mark A. Peterson
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