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Technology Stocks : UBID - an IPO spinoff of Creative Computers
UBID 3.0000.0%Jan 21 4:00 PM EST

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To: SHGLaw who wrote (248)12/23/1998 4:54:00 PM
From: Moneysmith  Read Replies (1) of 581
 
Re: last minutes of trading....

There seems to be a bottleneck in trading at both the opening and the close which is characteristic of any buying frenzy..it can also occur in a selling environment too. I agree that $300 is achievable here..watch EBAY which may be running out of gas.(EBAY holders switching to UBID?).I have never traded in a market like this in 23 years there are no rules except that it will end sometime. The holiday season will at least allow for a cooling down.I have noticed a Canadian equivalent to UBID called Bid.Com symbol BII which trades at C$3.60 on Toronto 4.5million shares today. This company is sizable and has a significant US presence as well (head office is in Tampa Fla.).Anyway, for any frustrated UBID players this looks like a possible alternative bid.com.
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