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

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To: F. Evans who wrote (3425)12/10/1998 7:31:00 PM
From: F. Evans  Read Replies (3) of 37507
 
I'm still not convinced that we've seen the last of this downward pressure. After talking with this guy for IR (Tim), he gave the impression that this thing could hover around the $2.00 - $2.50 mark for a couple of weeks of "consolidation" before the cable news comes out. Also, he speculated that the news would come out in a couple of weeks or early in the new year. I still personally think that the last of the panic sellers aren't done yet. Wouldn't be surprised if we hit $2.50 tomorrow.....IMO of course.

Frank
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