Another Split for CMGI

Internet venture fund CMGI Inc., whose shares are up tenfold over the last 12 months, posted a smaller-than-expected fiscal first-quarter loss on Wednesday and announced its third stock split for 1999. After the close of trading, the Andover, Mass.-based company said it lost $117.4 million, or $1.08 a share, well under the anticipated $1.76 a share. The stock will split 2-for-1 on Jan. 11 for holders of record Dec. 28. CMGI also said that it will buy e-mail marketer Yesmail.com Inc. for $523.4 million in stock, and that it plans to double its portfolio of businesses to 120 from 58 in the next year. CMGI stock, which had closed off $6 on Nasdaq at $199.75, rose $30.50 to $230 in after-hours trading.

Weekly closes and latest: Wednesday: $199.75