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Technology Stocks : Creative Computers(MALL)
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To: RockyBalboa who wrote (1596)1/19/2004 6:19:17 PM
From: Glenn Petersen  Read Replies (2) of 1634
 
I don't think that they are selling them, not renting them. I'm sure that another spin-off is in their future.

MALL is my most successful "investment" of all time. I remember talking to a friend of mine on a Sunday night as he was driving home from the airport. I had just read the Ubid S-1 and I told him that MALL was a "bet the house" stock, worth $60 a share if Ubid got only 10% of the valuation being accorded EBAY. We piled in on Monday at $12 and added some more at $18 later in the week. We sold at $50 about three weeks later. My broker, who had also purchased some MALL and had not told me, had a $250,000 profit and panicked us out. My friend made $150,000.

We missed the last 10 points. I think that the stock peaked at $63 before the UBID IPO. I miss those back door plays.
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