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Technology Stocks : Internet Guru Discussion
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To: steve harmon - analyst who wrote (914)4/6/1999 5:51:00 PM
From: J-R  Read Replies (1) of 4337
 
Steve,

I like Gordon Gekko am wondering about Bid.Com (BII.T). I was going to point out all the things he did. He forgot to add however, that BII will be included in the benchmark TSE 300/200 indexes, which will create a lot of buying by index fund managers in the next two wks. The date for inclusion into the TSE300 is Apr16th.

As he stated, we are still waiting for NASDAQ approval expected in the next few days. What do you think will happen to this stock one it hits NASDAQ? As it is not an IPO in the truest form, I doubt that there will be an explosion of growth. On the other hand, I heard that most of the US brokers and fund managers won't touch a stock not listed on the NAZ or DOW.

Any thoughts you have will be appreciated. FYI, BII closed at $19.80 today.

Thanks in advance...

Jason
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