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

To: puborectalis who wrote (1157)	12/7/1998 8:11:00 AM
From: Rajiv	Read Replies (1) \| Respond to of 1634

There is a distinguishing feature between UBID and other internet IPOs. Other IPOs have a 6 month lockup period for the remaining shares. Though a similar clause exists for UBID (MALL cannot sell the shares that it owns), the MALL insiders are free to sell their MALL shares. Since MALL is a proxy for UBID, I will guess that as the supply of MALL paper increases - the MALL shares will be trading at a significant discount to the theoretical value based on UBID's share price. If this happens, the demand for UBID will go down - investors can buy the proxy MALL at a discount. Regards. Rajiv