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

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To: Sulayman who wrote (19329)4/12/1999 3:42:00 PM
From: Denise D  Read Replies (1) of 37507
 
Sulayman,

Dashing the hopes of those who thought they could scare us into believing that Compaq's less-than-expected results would affect Internet stocks...

Hourly Stock Update
April 12, 1999 3:24 PM

Stocks Rally As Investors Look For Values

NEW YORK -(Dow Jones)- Blue chips and Internet stocks were fueling a strong recovery on Wall Street entering the final hour Monday after overcoming an early sell-off sparked by an earnings warning from PC giant Compaq and an analyst downgrade of leading chip maker Intel.

The rebound was tied to bargain-hunting in stocks that have been ignored by the recent gains in high-tech stocks, helping small-cap stocks outpace the market.

...

smartmoney.com

Denise.

PS. Hmmm, Wall Street looking for "values" in Internet stocks ... a good sign for BII, I'd say.
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