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To: Doug Fowler who wrote (979)	11/26/1998 1:19:00 PM
From: tool dude	Read Replies (2) \| Respond to of 7772

Doug, How can one sign up for UBID IPO shares and does anyone have any idea of price?I was 1 hour late to work waiting for EBAYs IPO and was under the assumption the IPO was ~$9.00 when it came out at $50.00 I ignorantly refused to purchase it that day, bought ESVS and as the price went nuts was again afraid to buy at the 80 90 $ range and am now in at 196 WED.I feel the momentum and no inventory will send EBAY to the moon.

To: Doug Fowler who wrote (979)	11/26/1998 8:18:00 PM
From: RikRichter	Read Replies (1) \| Respond to of 7772

When extrapolating possible valuations for UBID, the numbers get very interesting. Based on ONSL's market cap of $1.2 billion, UBID would be worth about $133 per share compared to an initial IPO range of $14 to $16. Based on EBAY's market cap of $8.1 billion, UBID would be trading at ... (gasp!) $900 per share! Is it safe to say that you may see UBID trading at somewhere between ONSL's and EBAY's value? On this basis, that is why I am invested in MALL which is currently valuing UBID at about $53 per share prior to the IPO. I hope you get a boatload of UBID shares at the IPO price.