"Subject: cc to Tom Hua Date: Sun, 29 Nov 1998 21:22:47 +0800
From:
Mike S.
To:
ghaffar@ldd.net
Tom,
FYI....Sorry, I can't post yet, but as a new member and an
experienced trader, I've got some comments.
You seem like a nice guy, but....until after the hoopla over uBid's
public debut runs then, it looks like a continuing rocket ride for
Mall. Fundamentals notwithstanding, there's too much hype, and too
small a float for even a pan in Barrons to derail this locomotive.
Tomorrow, for example, there'll be White House focus on the sector as a
result of EBAY's meeting with Bill Clinton. Around the same time,
Wit's chairman (they're promoting their uBid allocation) will appear on CNBC.
Also, Monday afternoon, Merrill will be revving up the promo
campaign with high profile dog and pony stop in New York. This follows on the heels of the hugely spectacular Merrill dog and pony in Chicago last Wednesday afternoon.
After that meeting, you may recall, the stock ran pretty much hell bent from 34 to 63, backing off during the last minutes of trading due to traders wanting to go home clean over the weekend. The mildly bearish Barron's piece may possibly cause slight downward action early on, but in fact will present a buying opportunity
as well as provide more fodder for short covering , further fueling a
powerful new surge upward that could propel Mall into the stratosphere."
just more sentiment from my email |
