>>Rodgers Losing Yahoo is what creamed this stock today,more bad news coming ?? BII dropped 3x worse than sector. Heavy burn rate on cash!!<<
Rogers losing Yahoo is not what creamed this stock today Doug....the overall worry in the internet sector and panic selling is what was behind this fall...or are you telling us that Ebay, Amazon, Yahoo, Ubid and other internet stocks all crumbled because of the Rogers news release?.....Come on!
BII dropped 3X worse than the sector because of it's relatively low price compared to the others in this sector......
The Rogers news said that it was concluding it's agreement with Yahoo and launching it's web tv chanel, WITH, Bid.com....how is that negative?????
The news read:
>>It will join a growing stable of properties, which have helped to make Rogers Media a leading force in the Canadian Internet services market.
Properties include:
- Quicken.ca (www.quicken.ca), a website in both English and French, devoted exclusively to helping Canadians manage their personal or business finances.
- Bid.com (www.bid.com), Canada's preeminent online Internet auction, offering Canadians brand name merchandise direct from manufacturers at below retail prices. Rogers has the exclusive Canadian licence to market Bid.com and is also an investor in Bid.com.
-Electric Library Canada (www.elibrary.ca), a subscription-based, flat fee, online research service which is updated daily with a broad spectrum of trusted Canadian and international news, reference and information sources.
- @Home Canada, a broadband portal owned by Rogers, Shaw and Cogeco, offers a full suite of audio, video, text and interactive content, along with e-mail and search.
NOW DOUG...how is forming an EXCLUSIVE deal with Rogers as the only online auctioneer in thier WEB TV channel bad news? Did you also note that Rogers is an investor in Bid.com?? As usual, your facts are mixed up.
Frank
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