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 -------------------------------------------------------------------------------- Fiscal Year-End: December 1997 Sales (mil.): $0.0 1997 Income (mil.): $0.3 Employees: 30 KEY PEOPLE -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- EDGAR Online IPO SEC filings (Real-time) EDGAR Online IPO SEC filings (24-hour delayed) Latest News from News Alert infoSeek Guide Web Search -------------------------------------------------------------------------------- Home | Search | IPO Central | StockScreener | Help Center | Site Map | Join Now Hoover's Company Information Copyright © 1998, Hoover's, Inc. Austin, Texas