Bid.com International (BIDS) Message Board

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

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To: Moneysmith who wrote (10889)	3/5/1999 9:53:00 PM
From: Crazy Canuck	Read Replies (1) of 37507

>>By the way Bombardier (can you spell crown corporation?)has had so much help from the Feds that one of these days their competion will wake up and complain to the World Trade Organisation<< Well Ken you brought up an issue here that merits a response. For what it is worth, Bombardier (I own shares in this company as well) is already awaiting judgement by the World Trade Organization (WTO) regarding charges of unfair subsidies from the Canadian government. It seems that the WTO may declare that the approx. $125 million dollars in repayable loans (based on future profits) that they have received is not fair. By all accounts this should normally hit the stock value pretty hard. But nope, you see we live in a complex world, and it turns out that Bombardier's main competition from Brazil is also awaiting a ruling on the same charge. However what is interesting is that the degree of assistance that the Brazilians have received is staggering compared to what Bombardier has. The assistance has been occurring throughout their supply chain. As a result, if the Brazilian competition loses their case, then this effectively will be a huge body blow to Bombardier's competition. They will have to raise their prices and the pricing advantage that they now have will disappear. If this situation happens, I think that we will the Investment community strapping on a jet engine to the stock's value and it will move much higher from the $21.75 CDN price it now is at. This was a good company that has very skillfully become a great one! Sorry folks, I know that this does not concern Bid.Com, but I needed to straighten that out. Crazy Canuk

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