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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Rich Investor who wrote (4149)1/3/1999 1:35:00 AM
From: F. Evans   of 37507
 
Well well well.........

I leave for a couple of days and come back to see Kris and Doug finally agreeing on something....maybe things do look better this new year :>)

Just awoke from my new year's eve slumber and have to add my 2cents. I would have to say that a short sell-off is to be expected in the internet sector however like others, I believe that the sell-off will be short lived. Remember the last time we were sold off it came back quite nicely. However...I also agree that poor numbers could spell the death blow for BII and may end the party in other stocks of this sector. Remember, the nay-sayers have been saying for three months now that the bubble is about to burst...poor numbers may be the needle that burst that bubble once and for all.

In my opinion, I'm guessing that the cable deal announcement will come with the 4th quarter numbers therefore I don't expect anything until the third or fourth week of January. I may be wrong but I wouldn't be surprised if the folks controlling this thing wait out the correction rather than try to stop it with news because the sell off will be strong and won't be stopped with news.

Then again, I may be completely wrong and we might be looking at 6 bucks in two weeks. :)

Good luck to all. Talk to you later.

Frank
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