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

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To: F. Evans who wrote (20563)4/14/1999 10:34:00 PM
From: Serge Ladouceur  Read Replies (1) of 37507
 
Here's the excerpt regarding BID.COM in Wall Street Journal Smart Money:
"(...)
Don't get the wrong impression about Canadian Internet stocks. There are actually quite a few legitimate Canadian Internet plays and we devoted today's screen to looking at some of the more interesting ones.
The most well known Canadian Internet stocks are Bid.com and Toronto Dominion (TD). Bid.com, an online auctioneer that we wrote about in our eBay wannabes screen last month, is up more than 350% since the beginning of March. The stock's unbelievable ascent has been fueled by hopes of an imminent listing on Nasdaq in the U.S. Bid.com applied for a Nasdaq listing in February. Because of the runup, this stock is obviously not as attractive as it once was, but keep in mind that you could have said the same thing this time last year about Amazon.com (AMZN) or America Online (AOL). So the stock could still be worth a look, especially if it does get approval to trade on Nasdaq. (...)"
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