SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Premier who wrote (13936)11/4/1999 7:28:00 PM
From: Louis V. Lambrecht  Respond to of 19700
 
premier - don't get so excited

- INTC sells 5% of it stocks
- 200 K shares = 4.22% ov 65days average volume

>>
Intel Corp. Plans To Sell 200,000 Shares Of CMGI Inc. (INTC)

Newstraders - November 04, 1999 15:07

(NewsTraders.com)--Chip giant Intel Corp. (INTC) filed to register 200,000 shares of Internet heavyweight CMGI Inc. (CMGI) for sale, according to a Form 144 released today by the SEC.

Intel indicated that it planned to sell the shares, valued at about $21 million, on Nov. 3, using Morgan Stanley as broker.

Of note, a Form 144 only shows a filer's intent to sell the shares. Actual verification of the sales, if and when they occur, would be provided in a subsequent filing.
Shares of the Andover, Mass.-based CMGI, which develops and operates Internet and fulfillment services companies, recently traded $0.63 higher at $104.50.
Copyright 1999 NewsTraders Inc. All Rights Reserved 15:21 Thursday, November 04, 1999 <<<<