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To: Lance who wrote (15311)11/23/1998 6:17:00 PM
From: mammoth  Read Replies (1) | Respond to of 119973
 
FYI I received an email from Wit Capital about UBID IPO. They have an allocation of shares and a prospectus at their site.

Wit Capital Corporation is pleased to announce that we are able to offer a participation in the Initial Public Offering of uBid, Inc., lead managed by Merrill Lynch & Co., as described below:
Issuer: uBid operates an online auction for excess merchandise, offering close-out and refurbished products to consumers and small to medium-sized businesses. Security: Common StockExpected Size of Offering: 1,580,000 shares
Expected Price Range: $13.00 to $14.00
Expected Symbol: UBID
Managing Underwriters: Merrill Lynch & Co.William Blair & Company
If you think you may be interested in this Initial Public Offering available through Wit Capital, please go to witcapital.com
You may also obtain a prospectus by calling Wit Capital at (888) 494-8227 ext. 4427 or by writing Wit Capital at: 826 Broadway, 6th Floor, New York, NY 10003.



To: Lance who wrote (15311)11/23/1998 7:17:00 PM
From: SkyDart  Read Replies (1) | Respond to of 119973
 
Lance,

Based upon Tech Analysis [On bal volume, MACD, Price rate of change, and momentum], I look for at least the 50's on MALL and if Ebay and ONSL are any indicators, 75 to 100 is possible.

Might pay to have some stops in place in the rare event the IPO is pulled, cancelled or delayed. But this is not likely given the incentive of Merril to bring this puppy public.