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Technology Stocks : Creative Computers(MALL)

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To: JJMM who wrote (201)10/26/1998 5:56:00 PM
From: Kenneth Yeh  Read Replies (1) of 1634
 
Good Point, I agree...EBAY is our ally.

I think the strong upward move by EBAY will ignite the UBID ipo. I'm guessing they will IPO next week given that the market conditions hold up. (Especially the technology sector). Its important to acknowledge the tremendous growth that UBID received this quarter. From $6.8 million in revenues just last quarter to $15.3 million this quarter is simply incredible. I believe UBID's IPO will be a blockbuster just like EBAY. They both have very similar business models and people will begin to recognize that once UBID goes IPO.

Also, MALL shareholders will receive 0.8 shares of UBID for each share of MALL they own sometime in the middle of 1999. So the bottom line is, MALL's hidden value in their UBID ownership will be recognized as soon as the IPO occurs. On top of it all, MALL is a profitable company (despite their investment in UBID this quarter) and will continue to be profitable given strong PC and MAC sales.

Good luck all!

-Kenneth
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