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

To: Scott Kleinhans who wrote (422)	11/21/1998 10:09:00 PM
From: Kenneth Yeh	Read Replies (2) \| Respond to of 1634

IPO.COM is like the average investor... It doesn't know jack!! You know why? Because UBID really shouldn't be compared to EBAY. If IPO.COM really did its homework on UBID, it would know that UBID is more like ONSL and WebAuction than EBAY. This leads me to my next point: The average investor will not care about MALL if it wants UBID. You have to admit, the average internet stock investor cares more about greed than logic so they'll buy UBID hoping for a nice 1000% gain. A slightly more knowledgeable investor will think: "Hey, UBID's pretty expensive. Isn't it cheaper to buy MALL since I'll get .8 UBID shares? Heck, I'm buying MALL!" The only problem is, they won't know that they'll get UBID shares 6 months after the IPO. Let's put technical analysis, logic, fundamentals, etc.. aside for a minute. Why do people invest in internet stock? Answer? GREED! Now tell me YHOO, AMZN, EBAY, etc. aren't overvalued. I don't think anyone in their right mind would say those companies are justly valued. Why did EarthWeb jump up 500% on its IPO day? Answer: GREED! Why did theGlobe.com jump 600% on its IPO day? Answer: GREED! Why did eBay jump close to $150? Answer: GREED! Why will UBID jump over 500% on its first IPO day? Answer: GREED! Greed defies all logic. The average investor will not do much research when they buy UBID. All they know is 1) its an internet stock 2) its going IPO and 3) its going UP. My only doubt is how MALL will respond when UBID flies on its first day. My suspicion? Well, I think UBID will be carrying MALL UP rather than MALL dragging UBID down as Chrstian, Tom, and Gordon believes. p.s. So Tom, you shorted near 30? Let's see how you do ok? :) -Ken