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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: JAS who wrote (4609)1/6/1999 2:23:00 PM
From: waldo  Read Replies (2) of 37507
 
Here is the original Company Release:

Wednesday January 6, 1:48 pm Eastern Time

Company Press Release

Bid.Com International Inc.

Company Update

TORONTO, ONTARIO--Paul Godin, Chairman and CEO of Bid.Com International Inc. (''BID.COM'') one of North America's leading online auctions, announced today that BID.COM is not aware of any material development in its business or affairs which would account for the increase in its share price and the unusually large volume of its shares traded in the last few days. ''There has been a very large level of interest in e-commerce stocks recently in the United States and this may be expanding to encompass BID.CO M'', Mr. Godin said.

Bid.Com International Inc. was founded in 1995 and listed on the Toronto Stock Exchange in February 1998. With offices in Toronto, Ontario and Tampa, Florida, it is one of the Internet's leading online auction sales organizations. The company offers a compelling, entertaining and cost-effective method of selling a wide array of goods and services over electronic distribution channels. The company has established strategic alliances with America Online Inc., The Toronto Star Newspapers Limited, and Ro gers Media Inc. Bid.Com is strategically positioned to leverage its technological leadership by offering the pre-eminent online auction platform for license to business-to-business markets and for distribution through broadband/cable media.

biz.yahoo.com

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