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Technology Stocks : Creative Computers(MALL)

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To: Jonathan S. Feingold who wrote (1018)12/3/1998 8:53:00 AM
From: RockyBalboa  Read Replies (2) of 1634
 
JF,

maybe a short answer

Do you think it will go up after the UBID IPO is done. Do I receive an amount of shares of UBID since I own MALL now. I read last weekend that for each share of MALL is worth 0.80 shares of UBID. Is this correct?

A uBID price of around 60 will be necessary to bring MALL up to 50+ again, there are some calulations on this thread l and herein a link to a table by Tom Hua there.

Message 6604262

Message 6656931

Problem is the weak market performance recently, making Internet IPOs just not so host as a week before. Too bad for the long side that uBID haven't been let in the market earlier.

About receiving shares: It is planned that MALL distributes uBid shares to the shareholders not earlier than 180 days after the IPO subject to some clauses, including an approval for tax-free distribution rather than a purchase-sale transaction.

NB: If it was not treated as tax free for MALL and that will be anticipated in the market, you would find MALL trade at a hefty discount to uBid.

C.
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