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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Ruyi who wrote (16010)4/1/1999 9:51:00 PM
From: Denise D  Read Replies (3) of 37507
 
Doug,

Priceline may have dozens of patents, but not the most important ones. There are only two types of auctions, declining and ascending. Bid.Com has the patent on one of those.

EDIT: I have two responses to your comment that the price didn't rise based on the patent news last summer:
1) perhaps Canadians don't appreciate it as much as Americans might; and
2) immediate price wouldn't reflect it at the time the patent news broke because the online auction sector hadn't yet boomed.

Denise.
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