1. What are the costs/benefits of investing in a hedge fund?
2. What is the current stock market valuation of Creative Computers and of Ubid based on the stock prices of December 9th? Evaluate these valuations with respect to the assets associated with these firms.
3. What should Elena do? Buy Creative Computers? Buy Ubid? Buy both Creative Computers and Ubid? Is there some other investment strategy involving Creative Computers and Ubid that you would suggest?