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

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To: mike machi who wrote (7820)4/30/1999 6:19:00 PM
From: SHGLaw  Read Replies (1) of 19700
 
A little weekend pondering. Putting aside availability of shares, a 2:1 split is too small. This stock needs to get below $50 to make it retail tradable. Let's have mom and pop able to buy 1000 shares or more, not to have to struggle to get 100. It's scary to put that much money into 100 shares of one stock. They feel a hell of a lot better buying a small block.

I say 6:1 (with an anticipated value at $300, even though conservative, by the split) is more appropriate. If the price is marketable after a split, then why do it. Let's have a serious split to reflect a serious increase in value. What say you?

SHG
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