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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: Larry Zenith who wrote (10307)	6/17/1999 3:46:00 AM
From: seaweed	Read Replies (1) \| Respond to of 19700

Larry...re: ENGA shares According to new S-1 filing at Edgar, 6,000,000 total shares to be offered (plus 900,000 overalottment). Of that, 600,000 to be set aside under new IPO program for shareholders. 6M shares represents approx 13% of total....CMGI hold about 83% of shares after offering. There was no info regarding how shares would be offered to CMGI shareholders. Good luck to all tomorrow!

To: Larry Zenith who wrote (10307)	6/17/1999 5:34:00 AM
From: Rene Madsen	Read Replies (1) \| Respond to of 19700

considering some investors are living outside US, 3-5 shares is a good guess. What does that have to do with anything? I'm in Europe and plan to use my CMGI stock to purchase as much IPO stock as possible.

To: Larry Zenith who wrote (10307)	6/17/1999 6:25:00 AM
From: Robert Rose	Read Replies (1) \| Respond to of 19700

<IMHO, CMGI investor can get 3-5 IPO shares for every 100 CMGI shares he/she owned. > Well thought-out post, Larry. However, if your prediction is correct, I am a little disappointed. If your high end prediction is correct, one would need 2k cmgi to purchase 100 of the ipo at the ipo price. If your low end prediction is correct, one would need 3.33k cmgi to purchase the same. One can do better than that thru WIT or EGRP when they are offering ipos. I don't know the particulars, as I have only a very small account with the latter, but my impression is that it's often not very hard to pick up 100 ipo shares when they are offered. I own a good chunk of cmgi, but if you are correct, it would not produce more ipo shares through cmgi than if I had a moderate-sized account at WIT or EGRP. Doesn't strike me as much of a perk, frankly.