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


To: Gordon A. Langston who wrote (387)11/20/1998 10:57:00 PM
From: neverenough  Respond to of 1634
 
uBid 1.6 13-14 MerrillwkNov30/Dec3


Exchange: Nasdaq
Proposed ticker: UBID

Proposed offer price:
$12.00 to $14.00
Shares offered (mil.): 1.580
Offering amount (mil.): $8.909
Post-offering shares (mil.): 20.5

Underwriters:
Merrill Lynch & Co.; William Blair & Company

KEY NUMBERS

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Fiscal Year-End: December
1997 Sales (mil.): $0.0

1997 Income (mil.): $0.3

Employees: 30

KEY PEOPLE

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CEO: Gregory K. Jones
CFO: Thomas E. Werner
HR: Amy Laack



Featuring everything but a fast-talking auctioneer, uBid offers customers the chance to walk away from its online auction with a great deal on a new stereo or refurbished camcorder. Customers register for the auction at the company's Web site, where they also enter and monitor their bids (minimum bid: $7). The company obtains computers and consumer electronics (mostly closeout, odd-lot, and refurbished items) from more than 90 manufacturers and other retailers and distributors. Name brands include AT&T, Apple, Canon, Compaq, Dell, IBM, and Sony. uBid is a spinoff of computer hardware and software seller Creative Computers, which will own 82% of uBid's stock after the planned IPO.
Additional Sources of Information

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EDGAR Online IPO SEC filings (Real-time)
EDGAR Online IPO SEC filings (24-hour delayed)

Latest News from News Alert

infoSeek Guide Web Search



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