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Technology Stocks : UBID - an IPO spinoff of Creative Computers
UBID 3.0000.0%Jan 21 4:00 PM EST

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To: genejockey who wrote (524)9/27/1999 6:54:00 PM
From: Rajiv  Read Replies (4) of 581
 
2.3 million shares (including the oversubscription option which will surely be exercised).
Underwriters - Merrill Lynch, Banc of America, William Blair and Wit Capital

The IPO (last December) involved around 1.8 million shares
IPO underwriters - Merrill Lynch and William Blair

BTW, most internet sites are showing an incorrect # for the float. MALL (UBID's parent) distributed its UBID shares to its shareholders. MALL's shareholders can sell them without any restrictions (if the person is not an UBID insider).

Any person trying to justify UBID's valuation using a P/S ratio needs to look at ONSL/EGGS.

My prediction for tomorrow - we will see the day's high in premarket trading.

Regards,
Rajiv
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