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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: SpecialK who wrote (30674)	2/14/2000 9:10:00 AM
From: LastShadow	Respond to of 43080

News: 07:12 ET Stock Splits : Nasdaq Stock Market (QQQ 199 3/4) sets 2-1, payable March 17; Teva Pharmaceutical (TEVA 71 3/4) sets 2-1, payable March 24. CMGI INC (112-1/16, prior to open) will acquire electronic-commerce service provider Tallan Inc. in a cash and stock deal valued at about $920 million, CMGI said. After the Tallan deal closes, CMGI Solutions, the CMGI unit that helps companies set up Web sites, will include Tallan's capabilities, such as online transaction-processing systems and data management, into its services, CMGI said. The acquisition will allow CMGI to expand its billable resources by 350 percent, CMGI said. Jack Hughes, chief executive of Tallan, will become chief operating officer of CMGI Solutions and will report to Ronald Spears, CMGI Solutions president and chief executive. CMGI up 2 in preopen