Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Doc Stone's Bierstube und Trading Room -- Ignore unavailable to you. Want to Upgrade?

To: JJMM who wrote (404)	9/21/1998 11:54:00 AM
From: M. Frank Greiffenstein	Respond to of 638

Just checked out MALL... Looks very much like TSQD/DRIV relationship, maybe even better. ubid.com Per this PR, MALL will give stockholders the remaining 80% of UBID shares as a dividend in 1999. How valuable this will be will depend on UBID's stock price. UBID IPO is for about 1.5 million shares, representing 20% of UBID shares outstanding. Pricing is supposed to be 12-14 per share. Of course, this IPO is in a context of a deteriorating market backdrop, and a lousy IPO season. MALL itself is a big retailer of Mac and Wintel products, they seem to be doing well with iMac sales (and peripherals). There is no debt, and PSR is a measly 11% of sales. Float is small, about 4 million shares (but I have no idea what the fully diluted outstanding is, like options, Preferred etc). Of course, the margins in this business suck and MALL is spilling red ink all over da place. MALL may have greater revenues than TSQD, but UBID is entering a crowded market of auctioneers, and the barriers to entry are low. DRIV, with its end-to-end turnkey system seems to have a more unqiue system. Will think about it some more. DocStone

To: JJMM who wrote (404)	9/22/1998 5:41:00 PM
From: M. Frank Greiffenstein	Read Replies (2) \| Respond to of 638

PERI shines! corporate-ir.net Look at the small percentage of sales to Asia. Not much exposure there. Look at the big increase in bookings from Latin America, Europe and Africa. Backlog is also going up. I think today's selloff was (a) traders taking profits in advance of earnings release, a typical strategu for them and (b) MMs taking out tight stops. I htink we will see the upper 8's tommrrow. The rest depends on small cap universe recovering, and of course, more news out of PERI. DocStone