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

To: Ahmad Sinno who wrote (6625)	3/31/1999 11:10:00 AM
From: xclently	Read Replies (2) \| Respond to of 19700

>>>Wetherell filed to unload 450,000 shares<<< Found this wording peculiar...also, doesn't mention what portion of his holdings this constitutes...Here is an excerpt from the release: biz.yahoo.com >>> WASHINGTON, March 31 (Reuters) - David Wetherell, the chief executive at CMGI Inc. (Nasdaq:CMGI - news), and Japanese trading house Sumitomo Corp. filed with U.S. regulators to sell a total of 700,000 common shares of CMGI, SEC documents showed. Wetherell filed to unload 450,000 shares worth over $85 million while Sumitomo planned to sell 250,000 shares for about $45 million, according to filings with the Securities and Exchange Commission. It was not immediately known if the planned sales have actually taken place.