Bid.com International (BIDS) Message Board

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

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To: waldo who wrote (3799)	12/22/1998 11:51:00 PM
From: Adamson	Read Replies (1) of 37507

Hi Waldo There's an interesting piece at thestreet.com on fund managers who continue to hunt for bargains among internet stocks. What's your reaction to the following, considering today's press release? <<Fries Likes Business-to-Business Net Plays Another value manager who still looks for bargains among Internet stocks is Bill Fries of the $230 million Thornburg Value fund, which is trailing the S&P 500 by 7 percentage points this year, even though its returns have beaten the S&P over the past three years, 113.9% vs. 102.2%. Fries sees bargains in companies that will benefit from business-to-business e-commerce. Though the consumer segment gets more attention, business-to-business dealings will generate the lion's share of a projected $400 billion in e-commerce revenues by 2002, according to International Data Corporation. >> I wouldn't mind a nibble of that lion's share! Staying long :^) Merry Christmas, all! -Adamson

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