Bid.com International (BIDS) Message Board

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

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To: W Lloyd R who wrote (7127)	1/23/1999 4:58:00 PM
From: Cookie Monster	Read Replies (1) of 37507

He started to change his mind because the Internet stocks are now way oversold. They have come off 40-60% in some cases. If a stock like IBM was off 50% in a week.....a hell of a lot of people would be buying it. I wonder why people say the bubble is bursting, just because a stock comes off 20% in a day. People have to realize these stocks are up 100-600% since October's lows. What the $##@$% of course they are going to correct as investors take profit! Until they begin to lose most of thier gains.....I refuse to buy into this bubble bursting theor. I suggest everyone read a book called Boom Bust and Echo 2000, it will lay out demographics and the future of business for you. Apply these principles to the Internet and you will see why companies like AOL, YHOO, and others will dominate retail worldwide in the next decade. Later, CM

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