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Technology Stocks : Creative Computers(MALL) -- Ignore unavailable to you. Want to Upgrade?

To: Rajiv who wrote (1453)	6/8/1999 8:01:00 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 1634

Hi, Rajiv. Are you buying MALL? Can't believe that it was valued $8 yesterday. (34 *.7 -32), I buy if it opens $2 off.

To: Rajiv who wrote (1453)	6/8/1999 8:19:00 AM
From: Rajiv	Read Replies (1) \| Respond to of 1634

Creative Computers, Inc. Completes Distribution of uBid Ownership TORRANCE, Calif.--(BUSINESS WIRE)--June 8, 1999--Creative Computers, Inc. (NASDAQ:MALL - news) today announced that it has completed the distribution to its stockholders of all of its 7,329,883 shares of uBid, Inc. (NASDAQ:UBID - news). Creative received the opinion of PricewaterhouseCoopers LLP to the effect that the distribution will not result in recognition of any gain or loss for federal income tax purposes to Creative or its stockholders, except to the extent of cash received in lieu of fractional shares. Shareholders of Creative Computers on the May 24, 1999, record date received approximately .70488 shares of uBid for each share of Creative Computers.

To: Rajiv who wrote (1453)	6/8/1999 10:04:00 AM
From: Cliff.A	Respond to of 1634

I am holding MALL and will hold UBID. Will probably buy more MALL this morning since I believe the company has a lot more business going for it than just UBID! Cliff

To: Rajiv who wrote (1453)	6/9/1999 12:22:00 AM
From: David Wise	Read Replies (1) \| Respond to of 1634

Warning about being short UBID - Waterhouse informs me that my UBID shares won't show up until Friday. If this is true for all brokerages, we'll see a lot of short covering on Friday by everyone who shorted in anticipation of receiving shares June 8. Waterhouse informs me there are no shares for shorting today. Sounds like most of the short selling is over (both because people sold short to lock in a price before distribution and because shares are no longer available). I guess the only question is whether the buying to cover will outweigh the selling of new issue. Since a number of new UBID holders will not be selling, my bet is that Friday will be a good day for UBID holders, as shorts fight each other to begin covering. As for MALL, I think they made it clear that eCost is heading for spinoff. That could propel MALL back over $30. Or an IPO of MacMall or PCMAll or Computability. But their recent comment about eCost being set up with their own management and records "like UBID" made their intentions crystal clear. One more quarter of UBID growing at 1500% year over year and UBID could skyrocket back up. I don't think they'll see $187 again for awhile, but $50's could be within a year (IF THIS GROWTH RATE CONTINUES). The other fire under UBID could be their ability to manage their own affairs without limitations placed by MALL and financial prior agreements. They can now seek other investors and clients. Regardless, the UBID and MALL combination was a steal at last weeks prices for MALL.