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Technology Stocks : Multiple Zones (MZON)

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To: Lisa who wrote (2)11/25/1998 5:55:00 PM
From: Tom Hua  Read Replies (1) of 475
 
Lisa, I sold MALL before the close and loaded up on MZON earlier in the day. MALL's closing price today implies the upcoming UBID IPO at $50s. I doubt UBID can sustain that price for too long. It's certain that UBID will open much higher than the $13-$14 prospectus price, but $50s? That's pretty optimistic.

As for MZON, I do not know anything about the AMZN/MZON rumor. More often than not, rumors are proven to be untrue. But I believe MZON value will be uncovered soon, and it'll be a lot higher than today's $9.

Regards

Tom
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