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


To: Daniel P. Dwyer who wrote (1166)12/7/1998 2:18:00 PM
From: the dodger  Respond to of 1634
 
This is shooting from the hip, but...
.
1) Could the CEO of MALL get a big year-end bonus for "share price enhancement"?...the price has roughly tripled the last 30 days.
.

2. Perhaps MALL is planning a secondary offering of MALL?...thus using value of UBID to bolster price.



To: Daniel P. Dwyer who wrote (1166)12/7/1998 2:20:00 PM
From: Jonathan S. Feingold  Read Replies (1) | Respond to of 1634
 
I own 100 shares of MALL that I purchased last week between 27 and 59 a share. Do I own 0.70 or 0.80 shares of UBID for each share of MALL that I own? Why is MALL gone down so much? Do I take a 45 percent loss now or wait will MALL go back up? What do you think?

Jonathan



To: Daniel P. Dwyer who wrote (1166)12/7/1998 2:49:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 1634
 
Dan, the confusion and uncertainty on the distribution date are putting pressure on MALL. I don't know when MALL will announce the date of record, but probably won't be soon. We have a situation that's just as interesting as before the IPO when unrealistic expectations helped push MALL into the 60s. When the 30 days comes around, people who are buying MALL now will be shorting UBID. In addition, other people will be shorting UBID and buying MALL simultaneously to play the arbitrage game. So there'll be buying in MALL and selling in UBID which will result in narrowing the discount gap. Selling/shorting MALL now is equivalent to selling/shorting UBID at $20 in 30 days, a risky effort IMO.

Regards,

Tom