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


To: 10K a day who wrote (15048)12/20/1999 4:05:00 PM
From: Manx  Read Replies (1) | Respond to of 19700
 
Monday December 20, 3:56 pm Eastern Time

Company Press Release

Salter New Media and Activate.Net Canada Enter
Network Services Agreement

HALIFAX, NOVA SCOTIA/TORONTO, ONTARIO--Salter New Media Limited
and Activate.net Canada Corporation (Activate.net), a majority-owned operating company of CMGI Inc.
[NasdaqNM:CMGI - news], today announced an agreement to provide high performance broadcast streaming services for
Canadian publicly listed companies and investors.

The agreement involves Salter New Media's service Q1234.com, which is the leading aggregator of live and archived
broadcasts of quarterly earnings calls, annual general meetings, and other announcements for publicly traded companies.
Under the terms of the agreement, Activate.net will become the exclusive high-bandwidth streaming provider for
Q1234.com. This allows Salter New Media to offer broadcasts through theActivate.net network with optimal audio and
video streaming quality to audiences of any size.

``We are very excited about our new relationship with Activate.net,' said Sudhir Morar, General Manager of Salter New
Media. ``As a leader in online broadcasting, Activate.net allows Q1234.com to provide best-of-breed service to its
corporate customers.'

Shaun McIver, General Manger of Activate.net Canada stated, ``We are very pleased that Q1234.com has chosen to
utilize Activate.net's network to support their tremendous growth in Canada's online business conferencing market. Our high
capacity global streaming facilities will enable Q1234.com to dramatically expand their live and on-demand hosting
capabilities'.

About Q1234.com

Launched jointly with the Toronto Stock Exchange in April 1999, Q1234.com broadcasts on the Internet the quarterly
earnings calls and other important announcements of public companies. After the live broadcast, conference calls and other
announcements are archived on the site, for convenient retrieval. The site offers a unique service to the investment
community, as it allows all investors access to financial presentations by senior management of public companies. In
addition to retail investors, the site is used by fund managers, equity analysts, and other financial professionals. Its archive
currently contains over 100 calls, and provides a quarter-over-quarter record of financial results of public companies. The
site is endorsed by the Toronto Stock Exchange, and is featured on their web site, tse.com.

About Salter New Media

Salter New Media is an affiliate of Salter Street Films Limited (TSE: SSF - news), in association with MT&T Holdings
Inc., a subsidiary of MTT owned by Aliant (TSE: AIT - news). The company focuses on the creation of original, branded
content for the Internet. Salter New Media's Internet products now include Bargoon.com, a local auction site;
InvestorCanada.com, which features Canadian stock market information; and Q1234.com, which broadcasts quarterly
earnings calls, other announcements for publicly traded companies over the Internet.

About Activate.net

Activate.net Canada Corporation is a wholly owned subsidiary of Seattle-based Activate.net Corporation. Activate.net is
the leading provider of Internet-based corporate communications, providing advanced broadcasting services, technology
and network infrastructure to deploy audio and video to large, on-line communities. Among its innovations are the Activate
Broadcast Network, SwitchBoard-the first application to extend conference calls to the Internet-and production of secure,
pay-per-view business broadcasts. Major clients include Microsoft, Dell, Extend Media, Global TV, TicketMaster
Online-CitySearch, and CORUS Radio. Activate.net is a majority-owned operating company of CMGI, Inc.

Visit Salter New Media's Web Sites:
www.salternewmedia.com
www.investorcanada.com
www.bargoon.com
www.Q1234.com

Contact:

Salter New Media
Sudhir Morar (Source)
General Manager
(902) 420-1577
smorar@salternewmedia.com
or
Q1234.com
Aaron Whitman
Producer
(902) 420-1577
awhitman@salter.com
or
Salter Street Films
Deborah Carver (Press Relations)
VP Communications
(902) 420-1577
dcarver@salter.com
or
Activate.net Canada
Shaun McIver
General Manager
(416) 642-5202 ext. 21
shaunm@activate.net



To: 10K a day who wrote (15048)12/20/1999 4:43:00 PM
From: Scarecrow  Read Replies (1) | Respond to of 19700
 
Impristine --

Can you imagine how many 'DAYTRADERS' they are going to - BLOW OUT
If they change daytrading margin requirements to 4 : 1 .

It *WILL* be UGLY...


For CMGIers, this is all very old news. The margin restrictions on CMGI and a few other i'nets largely occurred back in the spring.

One could make a plausible case that this was a significant factor in the summer doldrums we experienced.

Or, one could argue that margin removal prevented those summer doldrums from being worse.

Or, one could argue that it is an effective way to let the air out of the bubble somewhat slower than might otherwise occur.

Or one could make the case that the reason for CMGI's prolonged flat trading range for spring/summer was the elimination of many day-players from the stock. The ADV numbers kinda back up that theory... But I wouldn't swear to it.

Regardless of what effect you believe margin elimination creates, I believe it has already occurred...