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Technology Stocks : UBID - an IPO spinoff of Creative Computers -- Ignore unavailable to you. Want to Upgrade?


To: Returnmaven who wrote (358)1/5/1999 7:07:00 PM
From: cool  Read Replies (2) | Respond to of 581
 
I am long MALL from 33 last Friday and watched the CEO interview----he handled questions quite well---stressed that UBID maintains little inventory and is heading towards a business model of liquidating manufactureres
excess inventories at a percentage mark-up planning on 6%
margins.

He repeated several times that UBID is concentrating
on becoming the market leader in online actions, establishing brand name, and satifying customers.

My analysis indicates possible triple of last sales figures derived from 40-50,000 in daily sales.

The fact that each owner of one share of MALL will receive .7 shares of UBID sometime after five months makes MALL greatly undervalued.