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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (42612)8/18/1999 2:05:00 PM
From: Dr. Voodoo  Read Replies (2) | Respond to of 122087
 
IMAA running out of gas.

Short at 8.25

V



To: Anthony@Pacific who wrote (42612)8/18/1999 3:01:00 PM
From: StockMiser  Read Replies (1) | Respond to of 122087
 
I'm confused....Venture (owned by CMGI) bought 29% of Buyinedge.com (owned by IMAA)...so how does CMGI not own part of IMAA?

I was researching this short...and came across this...

@Ventures Leads $10 Million Round of Financing For buyingedge.com
Business Wire - August 12, 1999 17:13

(excerp)

Buyingedge.com, a reverse auction e-commerce Web company, and a subsidiary of IMA (Nasdaq:IMAA), announced today that it has completed a $10 million round of financing. @Ventures, the affiliated venture capital arm of CMGI, Inc. (Nasdaq:CMGI) leads the round of private preferred stock financing representing approximately 29 percent of the buyingedge.com equity

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Not saying you are wrong...just trying to understand this.

SM