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Technology Stocks : Creative Computers(MALL)
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To: Tom Hua who wrote (1429)5/19/1999 11:05:00 PM
From: who cares?  Read Replies (1) of 1634
 
Tom,
How about shorting Mall now,on the 25th of May cover it much lower. It looks like it's being valued around $5 post split. Being short 1000 Mall now is going to put you short roughly -700 shares of UBID. Shouldn't UBID sell off on the actual distribution date, when people actually receive the shares, so you could cover it then? This is assuming that enough people flips UBID which should happen, also there won't be a lot of short covering on UBID since I would imagine a lot of the UBID shorts have longed MALL to lock in profit, thus todays rise in MALL.

Mr. Burns
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