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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: Mac S. Giballa who wrote (291)12/24/1998 3:57:00 PM
From: SHGLaw  Read Replies (2) of 581
 
Scott, you had a good day for whatever your short was worth, but don't gloat too much. Business model is better than eBay, which is inherently limited by the premium it charges and fraud problems due to its reliance on individuals for marketable items. Onsl has deep internal problems. uBid has an excellent model, expanding product base, and is profitable. None of the problems of the others.

It's fair to argue that it has risen too high too fast, and indeed, no one will argue that the rise has been nothing short of meteoric. But to say it has a poor business model fails to demonstrate anything more than you will say whatever you have to to try to scare people off this stock.

We'll see what happens in the first two weeks of January, when the hype is off the rose and the investors feel secure in an orderly rise.

I'm off for vacation, so slam away. But to everyone else, don't let Scott shake you up. Use reason and due diligence.

SHG
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