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Technology Stocks : INTERNET MANIA! Day Trading Net Stocks -- Ignore unavailable to you. Want to Upgrade?

To: wiley murray who wrote (15)	11/27/1998 11:46:00 PM
From: RikRichter	Read Replies (1) \| Respond to of 1054

UBID is coming out early next week. You can get some through Merrill Lynch or William Blair. I understand Wit Capital will have some too. Only 1.6 million shares are being issued at a range of 14 to 16. There will be 9 million outstanding after the offering. Prior to the IPO, you can buy MALL which now owns 100% of UBID and will own 80% after UBID's IPO. In six months UBID's shares owned by MALL will be spun off to MALL shareholders. In view of the meteoric moves by EBAY($8 billion market value) and ONSL (almost $2 billion market value), UBID looks like a clear winner. I own MALL at the moment. My other Internet holdings are DRIV, NAVR, NETG, CDWI and EXGP.