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

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To: Rich Investor who wrote (8412)2/2/1999 1:25:00 PM
From: NTT  Read Replies (2) of 37507
 
They had the PR before there was any significant drop in the stock price due to the very negative market conditions.

I agree that it's a weak news release, but it affirms to me that the NASDAQ deal must be very close. I think their strategy is to release lots of small NR's on a regular basis to keep the price above NASDAQ qualification levels. My theory only, take it for what it's worth ;)
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