Bid.com International (BIDS) Message Board

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

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To: donkeyman who wrote (4707)	1/7/1999 9:12:00 AM
From: waldo	Read Replies (2) of 37507

Bid.Com scoots higher Heavy volume: Significant appreciation in U.S.e-commerce stocks Garry Marr Financial Post Bid.Com International Inc. (BII/TSE), up 69¢ to $5.25, on volume of 10 million shares. The online auctioneer's stock broke back through the $5 mark yesterday, a height it had not seen since Nov. 30 when the share price touched a 52-week intraday high of $6. The company said it was "not aware of any material development in its business or affairs" that could account for the 15.2% increase in the stock price yesterday or volume that soared to more than seven times the average three-month level. The company suggested the massive appreciation in price of U.S. e-commerce stocks may have helped push Bid.Com shares. U.S. online seller Amazon.com Inc. (AMZN/NASDAQ) rose $13 1/2 (US) to $138 (US) for a 10.8% increase, while eBay Inc. (EBAY/NASDAQ), another online auctioneer, climbed $59 (US) to $283 (US), for a 26.3% increase. nationalpost.com W

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