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

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To: waldo who wrote (3047)12/4/1998 7:14:00 PM
From: waldo  Read Replies (1) of 37507
 
Missed this one a few weeks ago:

>> Altamira's new e-business fund is a global equity fund that invests in companies directly involved in electronic business or those that use the Internet to do business more effectively.

  Don Tapscott, chairman of Toronto-based Alliance for Converging Economies, said: "There is an obvious opportunity here to invest in companies that are exploiting the new models of business." The companies that "transform their business models around the new rules" will tend to succeed. <<

>>The fund will likely have a heavy weighting in the U.S. as it has the most developed e-business economy. But the managers aim to invest in companies around the globe. "We'll go where we find the best companies at the best prices," says Mr. Ainsworth. <<

canoe.ca

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