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

To: LarryCPA who wrote (11448)	7/5/1999 9:36:00 PM
From: Jenne	Read Replies (1) \| Respond to of 19700

Larry, you make a terrific point... Everyone is all excited about this IPO and most of us have opened up accounts with WIT... and since opening it, I for one have been receiving email announcements from WIT for a variety of IPOS these past weeks.. CMGI did them a real good turn.. tweaked investors, but not nearly right.. I wonder how it will play out .. ragingbull.com Hmmm... is this you too?

To: LarryCPA who wrote (11448)	7/5/1999 9:53:00 PM
From: Robert Rose	Read Replies (3) \| Respond to of 19700

<I would think that CMGI could have reserved 20-30% of the deal for us instead of 10% What do you think? > I've been sceptical about cmgi's shareholder ipo plan from the beginning, so I am not surprised the enga offering is turning out as you've described. I believe that Wetherwell's major purpose in offering cmgi shareholders ipo shares was to prop up cmgi's stock price during an uncertain ipo period. (And after all, if the cpi numbers had been bad, the ipo market would be far worse than uncertain right now. It has also been suggested that Wetherwell wants to offer cmgi shareholders ipo shares as a way to prop up the price of any future wobbly ipo's. That is clearly not an issue with enga, but I can see the percentage of an ipo's shares that cmgi offers its shareholders increasing when demand for an ipo is weak. All in all, Wetherwell is smart on both these counts, and ultimately, that benefits us as cmgi shareholders. But a free lunch? Those were the days of cmgi's .5B market cap. And those days are over.

To: LarryCPA who wrote (11448)	7/5/1999 10:09:00 PM
From: Larry Zenith	Respond to of 19700

Are you sure there is no weighting? It is absolutely unfair. 100 shares and 100,000 shares is not the same commitment. Why consider # of shares when for voting purpose, not this? I noticed that you are using "outstanding" 95M as shares purchased by retail investors. I believe "float" is better, actually, "float" share 6.10M + share "shorted" 7.22M = long shares 13.32M ( according Yahoo Finance ) is the real share numbers that CMGI will consider as its shareholders. If weighting is considered, 0.6M/13.32M = 4.5%, ie, If you own 200 CMGI shares, you are entitled 9 ENGA shares at IPO price. But if there is no weighting, no need to calculate shares actually bought by investors, just count number of investors. LZ