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To: Dr. Stoxx who wrote (6285)	2/16/2000 1:30:00 PM
From: Dr. Stoxx	Respond to of 39683

Correct "no odd lots needed" to "no round lots needed"... TC.

To: Dr. Stoxx who wrote (6285)	2/16/2000 11:32:00 PM
From: xcr600	Read Replies (1) \| Respond to of 39683

Don't forget that CMGI bought UBID so the movements will more or less start tracking CMGI's stock. p.s. Ability to short at Datek absolutely horrible compared to two years ago. dailynews.yahoo.com Thursday February 10 5:46 PM ET CMGI to Buy Auction Firm Ubid.com for $407 Mln ANDOVER (Reuters) - Internet venture company CMGI Inc. (NasdaqNM:CMGI - news) said on Thursday it will acquire uBid Inc. (NasdaqNM:UBID - news), owner of the uBid.com online auction and electronic commerce Web site, in a stock swap worth about $407 million. Based in Elk Grove Village, Ill., uBid.com is the No. 2 auction site on the Web, behind eBay Inc.(NasdaqNM:EBAY - news), in terms of visitor traffic. During the recent holiday season uBid.com said it was the 14th most popular e-commerce site, with 125,000 unique daily visitors. CMGI, with a portfolio of 60-plus Internet companies, said it plans to boost uBid.com's growth by distributing offerings from other CMGI firms through uBid.com. CMGI also said it would use its other Internet sites to drive traffic to uBid.com. UBid.com's online auction service sells computer equipment, electronics, jewelry, clothing, appliances and travel services, among other items, to consumers and businesses. ``Online auctions are one of the fastest-growing areas of the Internet,' said CMGI Chairman and Chief Executive David Wetherell. ``UBid.com has distinguished itself in the market with highly differentiated merchandising and inventory management capabilities that will prove hugely valuable as this model scales for the future,' said Wetherell. Analyst Ullas Naik of First Albany said the deal makes sense for CMGI, which does not have an auction component that it could apply across its various businesses. ``They could have decided to build it themselves,' Naik said of CMGI's need for an auction capability. ``Instead, if you've got the equity to go out and buy it, why not do it directly?' Naik noted that CMGI will also be able to improve the experience of auctioneers at the uBid.com site through CMGI's Saleslink product fulfillment services. UBid.com is ramping up its business-to-business auction service, and in January struck a joint venture pact with publisher Cahners to launch Ironmall.com, which auctions used construction equipment. Under terms of the merger deal, CMGI will issue 0.2628 share of its common stock for each share of uBid.com. CMGI's shares closed down 2-11/16 at 117-13/16 on Thursday on the Nasdaq stock market, making the deal worth about $30.583 per uBid share. UBid stock rose 3-11/32 to 30-1/32, also on Nasdaq. The deal, which is expected to close in May, must be approved by shareholders and regulators, CMGI said. Ubid.com will operate as a stand-alone entity within CMGI.

To: Dr. Stoxx who wrote (6285)	2/17/2000 8:52:00 AM
From: Ken Adams	Read Replies (1) \| Respond to of 39683

TC, I know you've used Datek for a long time. I like them too, but don't use them as they don't offer options. Or, at least they didn't in the past. Do you know if that's changed recently? Ken