Bid.com International (BIDS) Message Board

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

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To: Ruyi who wrote (17886)	4/8/1999 6:07:00 PM
From: NTT	Read Replies (2) of 37507

Doug my understanding is that Ebay made a substantial dollar deal with AOL in order for it to be the number 1 auction site on there. (Someone please confirm). All the other ones (including bid.com) are still present for users to click on. My speculation is that AOL decided to sell the BII stock simply because they probably picked it up at around the 50 cent mark and they were already realizing 2000%+ gains on this. That's a good enough reason to profit take in anyones books. They still maintain a sizeable BII holding. I don't think them selling BII shares is an indication of them losing faith in BII. It's the same for many of the longs on this thread who have sold in the past week. It's not that they stopped believing in BII -- it was simply time to take some profit. Paper is great -- cash in the bank is better.

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