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

To: Tom Hua who wrote (1468)	6/10/1999 12:01:00 AM
From: David Wise	Read Replies (2) \| Respond to of 1634

I added shares at 7 15/16 and 8 1/2. Wasn't looking when it went down to low 7's. I guess there were holders who only bought MALL for the UBID spin off and now are dumping MALL. Their loss! MALL has about 3 or 4 times the revenue of UBID and is now at a price to sales of somewhere near .20 or .25 - almost unheard of lows for any stock. I noticed in their filings that UBID will still pay them for many services; from handling payroll matters to hosting the site, preparing financial/tax documents, repay several million dollar loan, etc. Some services that will continue carry a 10% over cost fee. Looks like MALL will make good money for indefinite future on just these services. Wish I knew how long before the eCOST IPO announcement. I guess first they need to attract a large membership, which is why they're offering 5% discount through June 21 (?) off the already "at cost" merchandise (plus handling and shipping). If this works, they can boast of large registration gain and sales. Then file for IPO. Maybe they'll find some key investors first, such as Softbank. And if they announce plans to spin off balance of shares to current MALL holders, we'll be right back up to 30's soon after (for a nice triple or quadruple of investment at these prices. I may buy some more tomorrow.