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To: mammoth who wrote (12946)	11/18/1998 4:20:00 PM
From: Rambo	Respond to of 119973

You got that right...feel the flow...

To: mammoth who wrote (12946)	11/18/1998 4:20:00 PM
From: Starduster	Respond to of 119973

MALL 03:54 PM RTR Creative Computers up after IPO revival 10/26/98 BW uBid Expands Board and Names Chief Financial Officer; Celebrates One Millio... 10/26/98 BW Creative Computers, Inc. Reports Record Third-Quarter Sales More News... How Do I... Creative Computers up after IPO revival November 18, 1998 03:54 PM NEW YORK, Nov 18 (Reuters) - Shares of computer marketer Creative Computers Corp. MALL jumped nearly 50 percent on Wednesday after the company filed an amended registration statement with the Securities and Exchange Commission for an initial public offering of its Internet auction unit uBid. In the new filing, Creative Computers kept to its previously stated plan of selling about 1.58 million shares of the unit, but raised the low end of the offering's expected price range, which now stands at $13-$14 a share from an initial range of $12-$14. At the mid-point of the new range, the IPO would raise about $21 million. The company declined to comment on the expected timing of the offering, but like many companies planning relatively smaller stock offerings, Creative Computers had been waiting for the market turmoil of this summer to blow over. "We were waiting for market conditions to get better," Frank Khulusi, chief executive officer, said. John Fitzgibbon, editor at the IPO Reporter, said a combination of a more favorable IPO market and revived enthusiasm in Internet deals have made this deal "very hot" and said he expected the deal to go public sometime early in December. The dusted-off IPO plans come on the heels of a series of dazzling market debuts by small Internet companies, such as the 600 percent first day rally in theglobe.com Inc. TGLO . Another Internet auction company, eBay Inc EBAY , stock doubled on its first day of trading and tripled again in the six weeks since then. "EarthWeb woke up the market, theglobe.com moved it, and now the doors are wide open," Fitzgibbon said. "Look at online auctioneers. Why would this deal be any different." Creative Computers had originally filed the uBid IPO back in July. "We are planning on using the raised money for expansion plans and the continuation of the (uBid) unit," Khulusi said. The IPO will be lead-managed by Merrill Lynch & Co with William Blair & Co acting as the co-manager. Shares of Creative Computer were up 10-1/8 at 28-3/16, a year high, on Wednesday afternoon. ((Nadja Rogoszynski--Wall Street Desk (212) 859-1730)) REUTERS