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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: waldo who wrote (35419)9/21/1999 10:55:00 AM
From: GoNorth  Read Replies (1) | Respond to of 37507
 
waldo, do you think that the VV news is the 'big news' that Frank said was just around the corner a couple of weeks ago? Or is todays news just a teaser for something much bigger?

>>SOURCE: Bid.Com International, Inc.

Bid.Com to Provide Online Auction Services to ValueVision Interactive



To: waldo who wrote (35419)9/21/1999 12:22:00 PM
From: F. Evans  Read Replies (2) | Respond to of 37507
 
Excellent news.....

What it means is that Bid.com will power SnapTV's auctions and license it's patented dutch auction format for SnapTV....here's the kicker.....usually these deals pay approximately 3% of the gross proceeds of the auction to the company powering the auction. With snap TV in 32 million households in the US, it means $$$ for Bid.com ..I have been able to confirm that Bid.com has worked out a deal that will pay more than 3%. How much more? I don't know but I expect the financial details of this news to be released in the near future.

Frank