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Technology Stocks : eBay - Superb Internet Business Model
EBAY 84.40+2.2%Dec 11 3:59 PM EST
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To: McNabb Brothers who wrote (819)11/15/1998 12:55:00 AM
From: Kevin Hamlin  Read Replies (1) of 7772
 
Can lightning strike twice?? :))

Excuse me posting this on this on this thread, but there's an undiscovered "cousin" of Ebay's that has incredible for share price growth that has gone basically unoticed....until last Friday when it just got started.

I think an initial introduction was posted on this was posted on this forum some time ago, but there is a Canadian Internet company called BIDCOM which trades on the Toronto Stock Exchange under the symbol BII. There are many comparisons to EBAY, with BII being what I would call a "close cousin" in the nature of their business.

On Friday, Bidcom jumped from the $1.10 range up to a close of 1.74 on volume close to 2 million shares...it's biggest one day volume ever. Personally, I think it has all the incredible shareprice potential of the U.S. Internet stocks....the biggest difference at this time being that it is a Canadian listed company and as yet has remained largely undiscovered by the world markets. Is this about to change? As of Friday, the market has started to say yes.

I won't take up time here going into all the reasons why those interested in the "internet stocks" should take a hard and fast look at BII. Suffice it to say that BII has ALL the potential for the same incredible price appreciation and with talk of a Nasdaq listing, the potential is even stronger.

There is a Bidcom thread here on SI.

All the best to all of you who made a bundle on EBAY!! Maybe lightning does strike twice!!!

Regards,

Kevin
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