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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (16254)	6/26/1999 7:50:00 PM
From: AlienTech	Read Replies (2) \| Respond to of 43080

>>how does one do this?<< Quiet intresting.. If you have CMGI shares, you should have received Engage IPO sollicitation. They want your answer and account with WIT opened by Friday July 2nd. Allow 100-500 shares. NO price set yet? It takes about 15 minutes to fill out the forms. And the shares show up in your Wit account. Engage : There will be a % of the offering set aside for CMGI shareholders which is separate from the amount offered to normal account holders at Wit or Etrade or any other broker who may or may not participate. It is my understanding if demand exceeds supply a random number generator,(lottery), will be used to determine which CMGI shareholders are offered shares in Engage. Again these shares are set aside and will not be offered to the general account holders at Wit. 100 will be the minimum shares and in all likelihood max offered to those CMGI holders who are selected. Since I anticipate every CMGI offering to have a large amount of interest. You may get lucky on the first 1 or 2 and receive more than 100 but as word spreads look for the competition to heat up. affinity.witcapital.com Frequently Asked Questions Regarding The CMGI Directed Share Program Q: What is the Directed Share Program? CMGI, Inc. has created a program that will allow CMGI shareholders who own at least 100 shares as of June 15, 1999, (and who meet certain other eligibility requirements) to have the opportunity to participate in the initial public offerings ("IPO's") of its majority-owned companies. The first of these programs will be for the Engage Technologies, Inc. IPO. There are only a limited number of shares available for this Program as it represents only a portion of the total offering. Engage Technologies, Inc. will review the demand by this qualified group in order determine how to allocate shares for this Program. The Engage Technologies, Inc. IPO is expected to occur sometime during the week of July 12, 1999. Certain eligibility requirements need to be met including U.S. Citizenship. Please read on to learn about specific eligibility requirements. Q: How can I participate? Step One: Registration and Account Opening To be eligible to participate in the Directed Share Program for the Engage IPO you must have received a letter directly from CMGI, Inc. This letter outlines the terms of the program and offers instructions on how to participate. This letter also contains a unique Investor Code in the top right hand corner of the letter. As outlined in the letter, qualified shareholders must then register for the Program by going to the website address affinity.witcapital.com and completing the information requested. If you do not register through this web address by July 2, 1999 you will not be considered part of the Program. The Directed Share Program is being administered for CMGI by Wit Capital Corporation. As part of the registration process, you will also be guided through an account opening process with Wit Capital. While the CMGI Directed Share Program will consider applicants other than individuals for registration in this Program, due to time constraints and legal requirements it is highly unlikely that you will be able to participate in the Program unless you are opening a single or joint cash account. THIS PROGRAM AND THE WIT CAPITAL ACCOUNT OPENING PROCESS IS ONLY OPEN TO INDIVIDUALS WHO HAVE INTERNET ACCESS AND AN ACTIVE PERSONAL E-MAIL ADDRESS, AS THERE WILL BE A SERIES OF TIME-SENSITIVE COMMUNICATIONS THAT MUST BE RESPONDED TO BEFORE ANY ACTIVITY MAY OCCUR IN YOUR ACCOUNT. If you already have a Wit Capital account, do not open a new one. Simply indicate the existing account number on the registration page (http://affinity.witcapital.com/engage). Once you have registered for the Program online you will be walked through the account opening process. When your account opening information is entered, you will be given an account number and you will be asked to supply a 6-8 character username and password. Please do not use first names as these are likely to have already have been selected. Retain this account number for your records and be sure to include this account number on any paperwork (including checks) that you send to Wit Capital. IMPORTANT: Notification about next steps regarding the Engage offering will ONLY be forwarded via email to the address you provide when registering for the Program. Many of the subsequent steps in this program are time-sensitive, and will require a prompt reply, also via email, to confirm your participation. Therefore, upon opening your account, you should only provide an email address through which you have convenient, daily access to new messages. Please note that in order to complete the account opening process you will need to print out several pages of the account application. These pages must be signed and returned along with a $2,000 check, (made payable to U.S. Clearing), to the address stated below. All registrants must complete the online account process, print and sign the necessary application documents, and mail their check for $2,000 no later than July 2, 1999. It takes approximately 3 business days to receive and process checks, so adherence to the July 2, 1999 deadline is mandatory. No exceptions will be made. Note: Please include your account number on all documents that are sent to Wit Capital. Step Two: Reviewing the Preliminary Prospectus and Placing a Conditional Offer for the Engage Technologies, Inc. IPO After you have completed Step One, you will be sent an "IPO Alert" via e-mail when the Preliminary Prospectus becomes available. This is currently expected to occur on or about the week of June 28, 1999. Engage Technologies, Inc. Directed Share web address: affinity.witcapital.com Q: May I use a brokerage account with a firm other than Wit Capital to purchase these shares? No. You may only participate in this program through a Wit Capital Individual or Joint Cash Account.