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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Mr. Big who wrote (82632)	7/8/1999 1:59:00 PM
From: taffard	Read Replies (1) of 119973

BIDS news with AOL TORONTO, July 8 /PRNewswire/ - Internet service provider America Online Inc. (NYSE:AOL - news) said on Thursday it signed a four-year, $89 million strategic alliance with bid.com Inc. (Nasdaq:BIDS - news), a popular Internet auction company. AOL said the pact, expected to roll out across the five AOL brands this fall, will bring bid.com's specially programmed auction information, services and other resources to AOL and CompuServe's combined membership of 19 million members. As part of the alliance, AOL will receive fully vested and performance-based warrants to purchase shares in bid.com. The partnership will use AOL's sales force of over 600 to build advertising and e-commerce opportunities across all bid.com sites and those of its affiliates as well as supporting new product and service launches. Shares of bid.com closed Wednesday at 7-31/32, while AOL shares closed up 3-1/8 to 125 Wendsday on the New York Stock Exchange

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