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

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To: Steelguy who wrote (5031)1/8/1999 9:22:00 PM
From: Fred C. Dobbs  Read Replies (4) of 37507
 
Thanks for your your insight. I'm a baby at investing.

The 14M in November I remember well. I had bought in at $2.80 and watched in bewilderment as the INUTS hit $150 from the October correction of $25. Made the statement to my friends "Who would be stupid to buy at $150? I wish I did."

The frenzy was a classic sign of herd mentality, but now with higher than projected earnings, low unemployment , low interest rates and a strong economy, these INUTS just might be for real.

People are starting to realize the market has increased from 300 million to 6 billion people world wide.
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