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


To: Clarksterh who wrote (1191)12/8/1998 6:18:00 PM
From: Jonathan S. Feingold  Read Replies (4) | Respond to of 1634
 
I bought 100 shares of MALL last week between 27 and 59 dollars a share when it was very high. I had read over the Thanksgiving weekend that MALL which had gone up the previous week was going to keep going up because of the IPO of UBID that was to occur later on that week.
Instead MALL has kept going down since I bought it last Monday nine days ago.
Mall would have to hit 42 dollars a share for me to break even. Should I hold onto the 100 shares of MALL knowing that I will receive 0.70 shares of UBID of each share of MALL that I own in six months.
What do you think?

Jonathan