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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (6126)7/2/1999 8:26:00 PM
From: Topannuity  Read Replies (2) | Respond to of 16809
 
Received following email tonight re: CMGI Directed Share Program for the Engage Technologies, Inc. Initial Public Offering

Thank you for visiting the information site for the CMGI Directed Share
Program for the Engage Technologies, Inc. Initial Public Offering.

REGISTRATION FOR THIS PROGRAM CLOSED AS OF 5:00PM
EASTERN TIME ON JULY 2, 1999, AS DESCRIBED IN THE INITIAL
LETTER.

Please read this document in its entirety.

If you have completed the online account opening process, you have been given a Wit Capital
account number. Once you have sent the required documentation (along with the minimum required
account deposit of $2,000), you need take no further action in regard to the Engage Technologies
Inc., IPO until you are notified by Wit Capital of the availability of the Preliminary Prospectus.

You will be notified about the availability of the prospectus via e-mail. We expect this to occur on or
about July 8, 1999. Notification about next steps regarding the Engage offering will ONLY be
forwarded via email to the address you provide upon registering for the Program. Many of the
subsequent steps in this program are time-sensitive, and will require a prompt response, also via
email, to continue 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 neither CMGI, Engage nor Wit Capital is assuring you that you will be
allocated shares in the Engage offering.

If you have questions, please go to the Frequently Asked Questions at
affinity.witcapital.com You may also e-mail your inquiries directly to Wit Capital
using the following e-mail address: engage@witcapital.com.

When you are notified via e-mail, you may continue on to "Step 2: Review of
the Preliminary Prospectus and Placement of a Conditional Offer for shares
in the Engage Technologies, Inc. IPO" as described in the initial letter from
CMGI.

If you have successfully registered for the program, Wit Capital will notify you VIA EMAIL when
the preliminary prospectus is available and Wit Capital has begun accepting Conditional Offers for
the Engage IPO. We expect this may occur on or about July 8, 1999. At that time, you may:

I. Review the preliminary prospectus
II. Place a Conditional Offer
Note: Conditional Offers may only be placed in units of 100 shares with a minimum
permissible request of 100 shares and a maximum permissible request of 500 shares
per account. The number of shares you specify in your Conditional Offer is the
maximum number of shares you may be allocated, however, there is NO
GUARANTEE that you will receive any shares in this offering.

After that date, and once the offering becomes effective, in order to continue in
the program you must:

III. Re-confirm your Conditional Offer. On the evening that the offering is declared
effective, Wit Capital will notify you VIA EMAIL of the offering price. At that time, if
you still want the opportunity to be allocated shares, you will need to re-confirm your
Conditional Offer by typing in "I Confirm" in the subject field in response to the e-mail,
by the specified time (usually midnight). Should you be allocated shares as a result of
your re-confirmation, the number of shares available to you will be communicated via
email prior to the opening trade. This is anticipated to occur during the week of July 19,
1999.
IV. Send full payment. You are required to make full payment for the balance due in
your account by sending a check (made payable to U.S. Clearing) and delivered by
mail or to:

Wit Capital Corporation
P.O. Box 724
Attn: Engage Technologies, Inc./Directed Share
New York, NY 10276

If you choose to send via overnight delivery, please use the following address:

Wit Capital Corporation
826 Broadway
6th Floor
Attn: Engage Technologies, Inc./Directed Share
New York, NY 10003



Payment for balance due on your purchase must be received no later than close of business 3
business days after the initial trading day. (For example, if the offering becomes effective and begins
trading on a Monday, the balance due must be received no later than close of business on Thursday
of that same week.) Following this deadline, purchases for accounts with balances due may be
liquidated and the non-paying customer will be liable for any loss.

Note: Should you NOT receive shares in the Engage Technologies, Inc. IPO, any funds that you
have placed in your Wit Capital account may be used for other transactions within Wit Capital's
general brokerage services, or upon your request, will be returned to you. Please refer to the policies
and procedures section listed at Wit Capital's main website (http://www.witcapital.com) for more
information.



If you have further questions about the program, please CLICK HERE TO REVIEW OUR
FREQUENTLY ASKED QUESTIONS (FAQ's)



No offer to buy Common Stock can be accepted and no part of the purchase price can be debited from an account
or otherwise paid to Wit Capital until the Registration Statement relating to the Common Stock has become
effective under the Securities Act of 1933. Any such offer to buy may be withdrawn or revoked, without
obligation or commitment of any kind, at any time prior to the notice of its acceptance given after the effective
date of the Registration Statement. An expression of interest in response to this letter will involve no obligation
or commitment.

The following statement is required to be included in this letter by the rules and regulations of the United States
Securities and Exchange Commission:

"A Registration Statement relating to these securities has been filed with the Securities and Exchange
Commission but has not yet become effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the Registration Statement becomes effective. This letter shall not constitute an offer to
sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any
such state."