UBID - an IPO spinoff of Creative Computers Message Board

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Technology Stocks : UBID - an IPO spinoff of Creative Computers

UBID 3.000

0.0%

Jan 21 4:00 PM EST

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To: George Gotch who wrote (211)	12/22/1998 2:26:00 PM
From: Jim Paxton	Read Replies (1) of 581

UBID blows me away! Internet stocks don't make sense, but this one is really strange. Unlike Ebay, UBID has to buy their merchandise (at distress sales) and then resell. That narrows their margins. I went to their site, most of the stuff is junk wasn't selling at retail. Oh well, I guess I am stupid, because some folks are making tons of money and I can't argue with that, except I can sleep at night. I thought I could stand risk, but I found my threshold Good luck to all

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