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


To: Jenne who wrote (12256)8/2/1999 10:59:00 AM
From: AmericanVoter  Read Replies (2) | Respond to of 19700
 
** OT **... ENGA / CMGI DSP... since it seems that certain brokerages were not prompt in sending out the CMGI DSP letter for the ENGA IPO, I would like to know the names of some brokerages that were in fact punctual and prompt... TIA...

best regards
amein alsuezi



To: Jenne who wrote (12256)8/2/1999 11:05:00 AM
From: James Thompson  Read Replies (2) | Respond to of 19700
 
Regarding the flipping policy and the surrounding controversy, I just e-mailed the following to Wit Capital. I should get an answer in 2-3 days.

Jim

Please respond to the following questions as it comes up frequently among CMGi DSP participants.

The quoted material below was taken from the original Wit Capital FAQ page for the CMGi DSP. It is quite clear about the fact that DSP participants would not be penalized for selling DSP shares within the 60-day period otherwise specified for other Wit Capital IPO participants.

This FAQ was eventually removed from the page.

1. Why was it removed?

2. Has the flipping policy changed?

3. If it has changed, what is the new policy?

Thanks for your assistance.

Jim Thompson

"Q: When can I sell the shares that I purchase in the Engage Technologies, Inc. offering?

You may sell any shares that you may purchase in this program whenever you feel appropriate. Any investment that you make through Wit Capital should be consistent with your own investment objectives and risk tolerance.

You will not be subject to Wit Capital's standard policies regarding selling Engage Technologies, Inc. shares within the first sixty days of the pricing date. However, you will be subject to all Wit Capital policies and procedures pertaining to any shares purchased other than in the CMGI Directed Share Program."