Bid.com International (BIDS) Message Board

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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: merle_hanson who wrote (2670)	12/2/1998 2:16:00 PM
From: Sans Souci	Read Replies (3) of 37507

SOLD Looks to me like BII's short-term bubble has been convincingly burst. Monday's "teaser" announcement seems to have backfired and it certainly ticked me off. IMO, we'll see a steady but painful decline down over the next few weeks, peppered with mini rallies as existing holders add to their positions at the new lower "bargain" prices. It's likely we'll fall back down to the high 2's, and probably not as low as Yorkton's $1.75 entry price. A U.S. cable deal will certainly move things up, but unfortunately nowhere NEARLY as high as it could have back in the recent Internet Mania days -- which are over until at least the new year. S/S

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