SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : UBID - an IPO spinoff of Creative Computers -- Ignore unavailable to you. Want to Upgrade?


To: Platter who wrote (411)1/20/1999 3:10:00 PM
From: SHGLaw  Read Replies (1) | Respond to of 581
 
That misses the point. Same was said of people buying seek at 55, xcit at 59, etc. Buying at the top is relative to what the top is and your investment strategy. If you're day trading, then life sucks. If you're investing, it's another story.

Complaint at the moment is that we are investing in this company, are not in the hole, but can't understand why uBid and ML have done nothing to support the stock in the past two weeks. Perfectly reasonable after the run to 189 that there would be profit taking and retracement. After all the run was spectacular. But, this stock should have held @ 120, and its slow spiral down since is something akin to post coital depression. After such a spectacular run, the silence is deafening.

So the question is posed: Is uBid up to something, or is uBid so thrilled with its run that its already complacent or is uBid incapable of supporting its shareholders. I don't know the answer, and I am damn unhappy about it.

Note: Called IR yesterday. Got message that they would get back within one day. Haven't heard from a soul. Another great job.

SHG