Creative Computers(MALL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Creative Computers(MALL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Hua who wrote (598)	11/26/1998 2:55:00 AM
From: Richard B. Haenisch	Read Replies (2) of 1634

Tom, I respect your persistence in trying to convince people on this thread that "shorting" MALL will be the right play...SOMEDAY! If anyone on this thread had actually listened to you (which I am afraid some people may have), they must be cursing your name just about now! You really "crack" me up with your REASONING for shorting MALL. First of all: We are seeing a run-up on MALL that values UBIDs IPO at about $ 50 - TRUE! However, let's assume investors are driving this stock to $55 - $60 by monday (BTW - I agree I think we will see this IPO no sooner than tuesday) which assumes an IPO price for UBID of around $65 - $70. HIGH, however, not IMPOSSIBLE! This internet mania really could warrant an IPO price of $90 to $100 (I am serious) which means MALL could be at $55 when UBID comes out at $90! Well, that would mean everyone "short" MALL would either have to HOPE that UBID sells off all the way down to $65 (over 25 points - not likely) or cover their short position at a "HUGE" loss. EITHER WAY - TOO RISKY TO CHANCE! IMHO - NOT THE SMARTEST PLAY! But Mr. Tom Hua, I wish you all the luck in the world - YOU'LL NEED IT! Happy Thanksgiving Everyone! Rico

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next