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Technology Stocks : Creative Computers(MALL)

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To: Gordon A. Langston who wrote (1173)12/7/1998 6:23:00 PM
From: Jonathan S. Feingold  Read Replies (1) of 1634
 
I was reading the messages on the hot new stocks on Thanskgiving weekend and I read how great MALL was doing and how the UBID IPO offering was going to drive the MALL stock up. I bought MALL last week on early Monday morning and the price was at 59 dollars a share. Later on that day it dropped to 41 dollars a share. Later that week I bought more MALL stock at 27 dollars share.
I was looking at the past performances of Amazon and EBAY and was hoping for MALL UBID to do the same.
Do you mean in six months from now the day the MALL and UBID stock prices at set that if I have 100 shares of MALL at 30 dollars a share worth $ 3000 that the MALL stock will be adjusted to 100 shares worth 5 dollars a share worth $ 500. Please let me know.
I would need MALL to go back up to 42 dollars a share to break even. Do you think this will happen?

Jonathan


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