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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Wowzer who wrote (32605)	12/22/1998 5:37:00 PM
From: JustInTime	Read Replies (1) \| Respond to of 119973

>>Can any of you honestly say you would feel comfortable buying UBID today and holding for at least a year? I can't speak for anyone else, but I wouldn't buy UBID for $134 and hold for more than one hour, never mind a year. I think your analysis is correct, the spread is so big because most people assume that the price of UBID is unsustainable at these levels for a long period of time. Its not like MALL can take that money to the bank and do anything with it...its just paper, paper that is very valuable now but could be worth 90% less in an instant, most everybody knows that and thats probably why MALL is not trading at $100/share. It may make it to 100, but I doubt it will be because of the 80% ownership in UBID....