SI
SI
discoversearch

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


To: Panita who wrote (220)11/13/1998 8:40:00 PM
From: Richard B. Haenisch  Read Replies (2) | Respond to of 1634
 
HELLO EVERYONE!

I have been lurking since MALL was around $9 a couple of weeks before earnings came out - I think the play is a "SLAMDUNK".

YOU WANT TO BE IN A HOT IPO - You buy the parent company!

After checking EBAY (underwriter - BT Alex Brown/DLJ - was priced
at the high end of $14 - $16 and came out at $40) and EWBX (underwriter - Goldman Sachs - priced at $16 - opened at $45) and finally TGLO (underwriter - Bear Stearns - priced at $8 - opened at $87) - I know that Merrill is looking to bring 1,580,000 shares of UBID - priced between $12.00 - $14.00 a/share

SO I EXPECT IT WILL COME OUT AT AT LEAST $40 - $50 a/share -

which should give MALL a price of at least $30 - $40 a/share -

BE PATIENT - HOLD YOUR SHARES UNTIL THE DAY ARRIVES!

however, I am sure Merrill Lynch (the largest financial services company in the world) knows by now if Greenspan will refrain from lowering the fed rate and if that is the case, the market will react negatively (temporarily) and they decide to wait to bring UBID until the initial shock has worn off - (As long as the IPO comes out before X-mas)

My two cents worth - that's the only way I can explain Merrills inability to take advantage of EBAYs recent success!

Good luck to all longs!

Rico

P.S. I bought 8,000 shares at $14 3/8 today (wishing I still held my 3,000 shares from $8.6875)