SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bald Man from Mars who wrote (1185)12/8/1998 5:08:00 AM
From: John Martin  Read Replies (1) of 1634
 
Did anybody notice that the price of MALL started to adjust to UBID yesterday? UBID -12% where as MALL -3%.

As time goes on, I would expect these values to close in further. At this point, MALL is still severly undervalued since it is worth nearly $40 by my calculations:
MALL has an intrinsic value of $10.
Each share of MALL is worth .72 shares of UBID = $30.

I think that people have been discounting MALL because they believe that UBID will not hold the $40+ price for 180 days. In this market, 180 days is a hell of a long time.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext