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


To: Tom Hua who wrote (650)11/26/1998 10:26:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 1634
 
The ratio of mall-hi who-bids-more, monikers to the Low's, more decent ones runs about 10:1. Now with a rather inflated MALL price it like betting horses at diminishing odds.

Sure I bought MALL at dirt cheap prices (unbelievable in hindsight, and almost as good as getting the IPO), but the glass is half empty for latecomers IMHO.

Much depends whether the sector like ONSL, COOL, EBAY, EGGS gets some feeding tomorrow and pre-ipo, and maybe there are some out who remember the WCAP/COOL mess. (BTW. WCAP climbed to 8 now but with a different price in COOL than at IPO times where WCAP hit 14 implying the moon in COOL).

Nothing could prevent MALL to be bid up to 80 pre-ipo if the frenzy carries on, but little is said that UBID hits the market at 90 then.

C.