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

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To: F. Evans who wrote (3373)12/9/1998 10:51:00 PM
From: Steelguy  Read Replies (4) of 37507
 
>>>He confirmed that the company was solicited by Nasdaq head-hunters and he confirmed my earlier post that the cable deal is for real and he agreed that Godin jumped the gun and news will come out when wording of deal is finalized. My source was right.<<<<

FE and all,
Again, you either believe me or not but I am long on this play and am bullish on the company.....however....in my experience ( and yes, I have lots to learn ) anytime I hear that an IR person is giving information like this it is incorrect. what I mean is that an IR person CAN NOT SAY that the cable deal is real, Godin jumped the gun and news will be out when wording is finalized. IF THAT WERE TRUE...it would be considered " material ". I am not saying that he did not say this. I am saying that if it were true...he wouldn't say it. Most, and I would say 95%, of all IR people are paid mouthpieces. Please don't see me having disrespect for this guy or any IR person but if what every IR person said was true....I would have a nicer looking portfolio if you know what I mean.

AGAIN,,,, do not get me wrong here....I am long shares in the company and am bullish on its prospects but I would put absolutely NO comfort in what I heard from IR......Just my opinion.

sg
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