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

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To: Rich Investor who wrote (6397)1/18/1999 8:36:00 AM
From: donkeyman  Read Replies (1) of 37507
 
Kris; When I think of Bid.Com I can think mostly of positive things. That's not hyping. They have more shares than I would like to see, but the pressure might come off those if some of those 290 million Europeans grab up a slice of them. I don't like the fact that Bid.Com is not involved in strict retail but they may get into that before the Americans move in. The Americans might be best off moving into Europe first to take a slice of the Euro dollars rather than that "weak Canadian dollar". My only hope is the Bid.Com name will be just as well known as E-Bay, UBid and Egghead when they do decide to move into Canada. Kris: what's this about there may be too many E-commerce companies on the Nasdaq? E-commerce sales represents only 1% of total American sales and probably 0.1% in Canada. As far as growth goes in this industry, don't you think we have a little ways to go? Kris: this bit about Bid.Com is no different than the rest in the USA e-commerce companies. I would say-?? #1 Bid.com will be the first E-commerce company set up on the Nasdaq from Canada. They will be the first set up doing E-commerce business in Europe and maybe Asia??. You don't think that will get the CNBC boys talking? Kris: you have had a couple of good deals paying American dollars? so did we all! But you're not telling me there are more Canadians pouring down over the USA/Canadian border in to the USA looking for cheap deals than Americans pouring in to Canada are you, Canada is being flooded by Americans, and we all know that's for a reason.!! Look at all the Canadians that are heading to Cuba now. Guess where they aren't going? Florida! We all know the tell reason why? Kris: you make some good points but you might have slipped up on a couple of these points above.
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