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Technology Stocks : Roaring Internet Stocks
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: nikko who wrote ()11/24/1998 2:37:00 AM
From: Sword  Read Replies (1) of 1530
 
MALL is likely to be one of the greatest movers of our time. The UBID IPO spinoff will be 80% owned by MALL. 6 months from now they will distribute all of the UBID shares to MALL shareholders in a tax-free distribution. Never before in my experience has a company configured the spinoff terms in a more attractive way to existing parent company shareholders. Further MALL is profitable and is in a high growth phase. If the UBID shares open at $100, the MALL shares will be worth at least $85. MALL is currently trading at $32.

UBID will begin trading next week, probably Monday.

-Sword
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