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


To: HoodBuilder who wrote (11154)6/29/1999 9:42:00 PM
From: Jenne  Respond to of 19700
 
cbs.marketwatch.com

ragingbull.com



To: HoodBuilder who wrote (11154)6/29/1999 9:43:00 PM
From: Stuart C Hall  Read Replies (1) | Respond to of 19700
 
CMGI is paying 19 million of its common shares as well as preferred shares equivalent to 1.8 million common shares.

This is over simplified and the transaction is obviously yet to take place but I can't resist.....

20.8 million shares x today's percentage gain in price of CMGI of 12.92% =

paper gain of $2,687,360 for CPQ.

I was strongly against the AV/CMGI deal. I'm happy with the market's reaction but wonder how lenient they'll be in CMGI showing results from the deal. I'm also curious to see how GTW and DELL handle it. I wonder what PC's CMGI buys at corporate HQ.