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

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To: the Chief who wrote (4229)	1/4/1999 9:40:00 AM
From: waldo	Read Replies (1) of 37507

>>Reply: There may be some initial retreat from etail stocks in Spring, the traditional slow season for consumer goods sales. But we also see that once final holiday sales figures are released that investors may balance the slow season backlash with the fact that 1 in 5 consumers in the U.S. bought Christmas gifts over the Web. Move ahead to holiday season 1999 and we forecast over half of all gifts may be purchased over the Web. Wal-Mart (NYSE:WMT - news) market cap is $181 billion. Our hypothesis goes like this: the two dozen etailers led by Amazon.com (NASDAQ:AMZN - news) have already eaten Wal-Mart's breakfast, can lunch and dinner be far off? The leader in PC software -- Microsoft -- has acquired dozens of Internet companies across the spectrum the past 36 months in order to stay competitive. Running to stand still in fact.<< Morning Report Mon Jan 04 eMailbag Monday: Calling .Com, CyberCash, Spyglass, Wal Mart By Steve Harmon Senior Investment Analyst Internet.com fnews.yahoo.com W

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