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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: RDR who wrote (366)1/6/1999 3:44:00 PM
From: SHGLaw  Read Replies (1) of 581
 
Ripu, good question. It seems that uBid, notwithstanding all the poster who just can't stand a stock going up instead of down, is no longer trading with such volitility that it is subject to wild daily swings. Todays action is great, a mild, reasonable, rational upswing. Suggest to me that the day trippers are gone and the market level is established above the 120 mark. Now we have a support level to move forward from.

My guess is that ML is waiting for things to quiet down, lest they be embroiled in unseemly touting of a volitile stock. Now is that time to relax a bit and watch for uBid to start a climb to 250. In retrospect, it will seem rapid but not in comparison to what this stock has been through in the past three weeks.

SHG
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