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

To: HG who wrote (5207)	3/6/1999 11:42:00 AM
From: Jenne	Read Replies (1) \| Respond to of 19700

CMGI Inc (CMGI) develops and operates Internet and direct marketing companies. In addition, the company funds, develops, and takes a hands-on role in startup Internet firms through @Ventures, its investment arm. CMGI has sheparded some of the Web's biggest sites, including Lycos and virtual community GeoCities. You may remember that Stockwinners correctly anticipated a CMGI stock split, in a Rumor Mill entry last December. Well, we are hearing rumors of another split and there is evidence supporting the possibility: (1) The last two splits were announced when the stock price was just short of $100 per share. Apparently, the company prefers a two-digit price. At present, shares are going for $147 1/4, up $7 7/8 on the day. (2) There are now 46.2 million shares of CMGI outstanding. At the last shareholders meeting (12-17-98) the company went to the stockholders for authorization of 100 million shares. That means there are enough shares to allow for a 2-for-1 split. (3) The last split was declared by the Board of Directors, at about the time of the last quarterly earnings announcement. Quarterly earnings are next scheduled for release in less than a week (3-11-99) and the CMGI Board is discussing company business today. Despite that fact that CMGI last split its stock only two months ago, we think the Board is mulling the matter over again today. We could have a split announcement shortly.

To: HG who wrote (5207)	3/7/1999 1:40:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 19700

Happy, My CMGI experience; first time chasing the Ambulance(or the tulip truck): 1. On Tuesday, While CNBC was talking, bought 100 shares at $138+ and sold it 15 minutes later for $900 gain. 2. On Wednesday, bot 100 shares again at $137 7/8 and sold at $141 half a hour later. 3. On Thursday, bought 50 shares at $138+ again and sold on Friday at $150. $138 was the lucky number, the stock was trading at $138 during the CNBC report, took off immediately following the report. Now what?