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: Michael Page who wrote (305)	12/27/1998 9:33:00 AM
From: RDR	of 581

Hi Michael, Here is what I think is going to happen. These analyst were caught by surprise and could not get intime to reap the benefits from the upswing we saw last week. Also, the fact that most of the traders had stop loss orders in place while they took an early holiday break also contributed to the steep slide. I will not be surprised to see this thing move up on Monday again. As far as the anaylst are concerned, wait for Merrill Lynch to initiate the coverage on Jan. 04, 99. I am trying to find out when uBid reports earnings next month. Keep in mind if these e-commerce companies such as AMZN, eBay, uBid report better than expected earnings and revenue growth with positive outlook, you will find uBid way higher than the current price. My feeling is that last 12/24 action was mainly due to manipulation by the MM. Also, a small float will also help the price. Keep in mind a lot of Merrill Lynch clients did not get the shares. A good coverage from ML will push more people into this stock. Goodluck,

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