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Technology Stocks : BIDS - killer app.

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To: Curious Gamble who wrote (78)	4/25/1999 11:10:00 AM
From: Dave Kiernan	Read Replies (2) of 97

*BIDS Nasdaq as of 4/20/99 BID.COM International Inc. (BII 14 at March 31,1999) Bid.Com is an online auction with a difference. Its uniqueness revolves around it recently patented Dutch Auction. This first, and only of its kind, auction allows visitors to bid on a live basis. Bidding starts on quantities of inventory at indicated prices. As bidding progresses and as the inventory is depleted, prices decline. If you wait and try to get the best price the inventory just might be gone. The excitement generated is unparalleled and spending money has never been more enjoyable. The site is definitely worth a visit (www.bid.com). Here are a few other things you should know. The company is incorporated in Canada and presently trades on the Toronto Stock Exchange in Canadian dollars, which might present difficulty in buying this stock. Good news however, BID.COM applied to the NASDAQ for listing on February 16, 1999. The process generally takes 45 to 60 days for approval and this listing when completed (scheduled for some time in April) should be stimulating for the stock. On March 10, 1999 BID.COM reported earnings for the fourth quarter ended December 31, 1998. Revenues in the fourth quarter climbed 600% to CAN$6.4 million. WOW! The company ranks among the top 6 auction sites and presently they report unique monthly visits of 3/4 million and climbing. This could be the pick of the litter. Best to buy a small stake before it's listed. Initial recommendation 3-31-99 at 14 theinternetnewsletter.com

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