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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Ditchdigger who wrote (4157)1/3/1999 3:16:00 PM
From: Rich Investor  Read Replies (1) of 37507
 
In response to zwingers call for price predictions under a NASDAQ scenario, my estimation would be around US$50.00. There you have it, now everybody knows how long I am and that I'm still upbeat about BII.

Ditchdigger,

Although AOL's inclusion in the Standard and Poor's 500 may bode well for internet stocks over the longer term, I sincerely doubt it will have enough of an impact to head off the selling that will begin this week. The desire to harvest profits and strike while they're hot is going to be the foremost consideration in the minds of many investors come Monday and it seems many others on this thread also expect this kind of scenario to unfold before January 15. BII will suffer in the interim, so if nothing else, this is an excellent buying opportunity for those wishing to reposition themselves/add to existing holdings/or get in on the action for the first time!
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