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

To: Scott Kleinhans who wrote (306)	11/19/1998 2:28:00 PM
From: LindyBill	Read Replies (2) \| Respond to of 1634

You are probably right, Scott, but this is "tulip" time!

To: Scott Kleinhans who wrote (306)	11/19/1998 2:29:00 PM
From: Platter	Respond to of 1634

Excerpt from TheStreet.com.."When stocks, tech stocks especially, make a fast move on unexpected good or bad news, it's understandable. But when someone says he's going to do something; the stock gets fully priced based on that widely disseminated information; he does what he said he was going to do; and we get a couple of big pops like this, it does make one wonder. OK, so I know there are lots of reasons, even some valid ones, why people bought on the way up Tuesday and again Wednesday. Momentum stocks are just like that. Buy now, buy later, buy lots. And sure, some short-covering was going on. Maybe a lot. But as hot as I am on Internet retailing -- and as brilliant an example as Amazon.com has offered of how to make that work -- I still worry that a lot of people were recently buying something dangerously near bubble.com, not Amazon.com. And bubble.com scares me almost as much as its opposite -- netboom.com -- excites me. I'm a big believer in the Web-buying model. For most of us, it offers a way to take a lot of the noise out of our lives. I don't follow the "friction-free capitalism" mantra: There will always be friction in financial exchanges, and that's probably good. What I want from the Web is a way to clean up the noise in my life, to get the routine stuff out of the way as quickly, painlessly and inexpensively as I can. I don't expect the Web to do the cosmic stuff for me, from reading to my seven-year-old to romancing my wife to gazing at Saturn through a big research telescope (as I did last night) to writing these columns. I do want it to handle the background-noise irritations like grocery shopping, sending greeting cards and flowers, buying books and CDs, taking care of schedules, backing up my PCs, reminding me of birthdays and so on. In other words, the routine stuff. Yes, I want to be able, finally, to "routinize" the routine stuff. (Forgive me, St. Safire, I know not ...) That's part of what Web retailing can do. That's what Amazon is doing right now. That's why even at its present lofty valuations, I don't worry so much about it and a few other solid Internet stocks. It's those theglobe.coms (TGLO:Nasdaq) and the other potential bubble.coms that worry me. When they go, they can tar-and-feather the good Web stocks as well. And they can hurt, badly. Must have been fun to ride theglobe.com up over the last week -- but not down to 35 at the bell Wednesday. Or to ride EarthWeb (EWBX:Nasdaq) up to 83, but not down to 39. " By Jim Seymour

To: Scott Kleinhans who wrote (306)	11/19/1998 8:25:00 PM
From: Richard B. Haenisch	Read Replies (2) \| Respond to of 1634

I CAN HEAR IT NOW: I KNEW, I KNEW IT, I KNEW IT!! Do not let the likes of platter and other naysayers (shorters) talk you out of this "SURE PLAY", people! reread: daytraders.org Merrill Lynch NEEDS this IPO, Merrill's 1st INTERNET IPO !!!!! Merrill Lynch - the biggest investment firm in the world, what do you think? They will allow this offering to tank? I DON'T THINK SO!!!!!!!!! DO NOT FORGET, PEOPLE! Merrill Lynch has not been known as being too successful in bringing "high flying" issues to the table. Merrill has always wanted to be as successful as Goldman Sachs or Robertson Stevens in bringing highly touted internet companies public. Their investment banking arm is looking for this IPO (UBID) to change Merrill's reputation and make them a force among the ELITE internet investment firms. The likelihood of UBID coming out above $50 is EXTREMELY HIGH for this very reason! The play is to continue to hold or to buy at these levels, with a stop loss at $35 to $40 by the time the IPO is imminent. (1 - 2 days prior) You will see Merrill "HYPING" the IPO as much as possible, and CNBC will continue to mention UBID as well as MALL, that publicity alone will force the "shorts" to cover and new buyers to get in. I am looking for another 50% upside from here ($26)! Good luck everyone! P.S. for all the shorts out there: DO NOT STAY SHORT OVER NIGHT! P.S. I bought 700 more shares at 31 7/8 and another 1,300 shares at $25 1/2 today - total now: 9,000 shares FYI (a committed believer)