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

To: Paulh who wrote (16492)2/14/2000 11:12:00 PM
From: Richie  Read Replies (1) | Respond to of 19700
 
Paulh,

As James pointed out the other day, the S-1 has a paragraph stating that there will be shares allocated to the DSP program, it just doesn't say how much.

RichieH



To: Paulh who wrote (16492)2/15/2000 8:05:00 AM
From: AmericanVoter  Read Replies (1) | Respond to of 19700
 
"CMGI is committed to taking our wholly owned companies public and offering a portion of the shares to the DSP program".

wasn't that majority owned before...

I can not imagine that ALTA will be excluded from the DSP when DW knows very well that many CMGI longs are waiting for it, and the size of the offering is 14.8M...

best of luck to all

amein alsuezi



To: Paulh who wrote (16492)2/15/2000 9:29:00 AM
From: Scarecrow  Read Replies (2) | Respond to of 19700
 
I believe from a FASB perspective 83% would be considered wholly owned.

But Amein's got me thinking -- did he change it from majority owned to wholly owned for a reason, or was it merely a casual substitution of term? Regardless, the language in the S-1 is unambiguous. We're getting DSP shares -- and I suspect it will be a feeding FRENZY when it opens...


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