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Technology Stocks : Roaring Internet Stocks
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Secret_Agent_Man who wrote (75)11/27/1998 10:36:00 PM
From: RikRichter  Read Replies (1) of 1530
 
My understanding is that UBID is 100%-owned by MALL until the IPO at which time MALL's ownership will be 80%. There will be an IPO of only 1.6 million new shares bringing UBID's total to only 9 million. Talk about a scarcity of float!

By the way, do you know how many times UBID's 1.6 million share IPO is oversubscribed? Concerned MALL shareholders would like to know! :-))

Regards.
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