Inge,
I have never bought based on internet chat I always use trusted sources much closer than I to the street and that who have a lot more money than I.....it talks....they have recently moved into this stock....I've checked the technicals not overly strong...generated a weak buy signal yesterday....checked out to see who has been accumulating ....what i have been told has been verified in relation to smart money moving in the last 6 months...I have never owned the stock....I personally just never liked the company .....would I buy it over 8.00....no....however, what I have been told and seen lately....there is substance to what I have heard.....todays action is also positive....including the following news release....
Bid.Com International Inc -
Bid.Com to boost B2B transactions in Europe
Bid.Com International Inc BII
Shares issued 50,001,750 2000-03-01 close $7.95
Thursday Mar 2 2000
Mr. Jeff Lymburner reports
Bid.Com International plans to enter into an agreement in response to the growing demand for vertical on-line marketplaces in Europe.
Bid.Com International Limited, a subsidiary of Bid.Com International Inc., and the Sunday Business Post have confirmed plans to develop and implement an e-commerce strategy for the Sunday Business Post's entrance into specific business-to-business (B2B) and business-to-consumer (B2C) markets using Bid.Com's suite of Dynamic Pricing Solutions, including fixed price and auction methods, and services. The companies will focus on specific industries with a need to clear surplus inventories, liquidate perishable commodities and products, and more traditional click and mortar entities that need to shift quickly from one kind of pricing method to another to respond to changing market and customer demands.
"The primary aim of this venture is to harness the immense trading opportunities available in Europe's expanding B2B market," said Barbara Nugent, chief executive officer of the Sunday Business Post. "This announcement marks yet another step in the extension of the Sunday Business Post's on-line activities."
"An important part of our business strategy, on a worldwide basis, is to form strategic alliances and partnerships with recognized leaders in their domain such as Sunday Business Post," commented Jeff Lymburner, president and CEO of Bid.Com International Inc. "This is another example of the increasing global acceptance of our dynamic pricing platform and the continual growth of powered by Bid.Com solutions in the business-to-business sector."
About Sunday Business Post
The Sunday Business Post is the premier Irish weekly business newspaper. It has an audited circulation of over 50,000 with demonstrable 140,000 ABC1 readers. It also publishes Computers in Business, which has the largest audited circulation of any technology publication in the Irish marketplace.
The Sunday Business Post desires to develop Internet auction platforms oriented to the Irish business community, for each of the B2B and B2C markets. It proposes to brand each auction segment individually and is currently working on developing publications that will be used for that purpose. |
