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: Steve Lin who wrote (293)	12/24/1998 7:47:00 PM
From: Suzanne Lance	of 581

Agreed that the two Auctioneers are completely different. But just a thought about todays huge selloff. For one, it went up to fast. Thats a given. So there was bound to be some profit taking by those of us who rode it into the 180's. But considering its Christmas Eve, I think a lot of it was a combination of the expected profit taking triggering a lot of stops set by holiday travelers.I for one left the house with a stop set in case it tanked while I was away. I seriously doubt anyone else holding this stock took off to Grandmas house without their stop set either. With the combination of the two, and then of course the panic of investors watching it all. BOOM 121.Not to say that this cant go further down. It very well may.But there was a lot of buying going on between 119 and 121 right before the market closed. Either way , I think its best to stand on the sidelines and see whats next for UBID.Just something to think about . Merry Christmas SL

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