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


To: Urlman who wrote (883)11/29/1998 10:53:00 PM
From: Tom Hua  Respond to of 1634
 
Urlman, TickerMaster is expected to be the hottest internet stock this week. UBID made Reuters, basically a recap of the Barron's article. Half full or half empty depends on one's perspective. My take is those who haven't heard of UBID/MALL will be discouraged, those who are planning to jump at the IPO will rethink their strategy, and those who're determined to gamble will not be swayed. But here it is.

Regards,

Tom

uBid IPO not for individual investor-Barron's

Reuters Story - November 29, 1998 18:05

NEW YORK, Nov 29 (Reuters) - uBid Inc. is expected to be a "screamer" of an initial public offering, but there is little
for the individual investor currently in the stock, the financiual weekly Barron's said in its Nov. 30 issue.

The online auctioneer is different from the hot eBay Inc. , namely because it has no profits and faces competition from
players such as OnSale and Z-Auction, Barron's said.

uBid, of Elk Grove, Ill., acts like a clearance house for computer and high-tech vendors. It plans to offer 1.58 million
shares at $13 to $14.

The company plays into the continued fervor for Internet IPOs, but individual investors may want to stay out for at least
two earnings periods, Barron's said.