hi bryan... i guess my km isnt updated because it shows 11 5/16 by 11 3/8...
bids news , up 1 in premarket to 5 13/16...
FULL TEXT-Bid.Com, Sprint Cda auction pact
Reuters Story - December 17, 1999 08:56
(Full text of press release from Canada NewsWire)
Bid.Com Signs Agreement With Sprint Canada to Become its Auction Partner
TORONTO, Dec. 17 /CNW/ -- Bid.Com International Inc. (Nasdaq: BIDS;
Toronto: BII), a leading international online e-commerce company, today
announced that it has signed an agreement with Sprint Canada Inc. to provide
the featured auction component for Sprint Canada's portal, located at
www.sprint.ca . Sprint Canada is a wholly-owned subsidiary of Call-Net
Enterprises Inc. (Nasdaq: CNEBF; Toronto: CN; Montreal: CN.B)
"We are excited to be the exclusive auction partner with Sprint Canada on
its newly-enhanced, feature-rich portal site," commented Jeff Lymburner,
President and CEO of Bid.Com International Inc. "This strategic alliance will
introduce Bid.Com to a wider audience and provide another opportunity to
showcase our leading-edge auction technology. The alignment with one of
Canada's foremost portal sites is expected to provide an added boost to our
growing registered user base in the fast growing Canadian market."
"E-commerce is growing by leaps and bounds and Sprint Canada intends to
take advantage of this growth through our improved portal site," said Kevin J.
Bennis, President and CEO, Call-Net Enterprises Inc. "We've partnered with
some of the Internet's top suppliers, including Bid.Com, to create an exciting,
content rich and highly functional portal that provides easy access to a
variety of unique features. Currently, www.sprint.ca has over five million
monthly visits made up of more than 300,000 unique visitors. With the addition
of new features like the Bid.Com auction, we expect this number to increase
significantly."
Mr. Lymburner added, "Strategic alliances and partnerships with quality
companies such as Sprint Canada will continue to be an important part of our
business strategy. This is just another example of the our ability to provide
"powered by Bid.Com" e-commerce solutions to a growing number of companies."
About Sprint Canada:
Sprint Canada Inc., a wholly-owned subsidiary of Call-Net Enterprises Inc.,
is one of Canada's leading national communications solutions companies,
offering voice, data and online services. With headquarters in Toronto, Sprint
Canada operates in 17 locations across the country.
About Call-Net Enterprises:
Call-Net Enterprises Inc. is a publicly-owned Canadian telecommunications
company offering local and long distance voice, data and online services across
Canada principally through its marketing arm, Sprint Canada Inc. The Company
also owns and operates an extensive North American network with operations in
the United States and the United Kingdom. The Common Shares and Class B
Non-Voting shares of Call-Net Enterprises Inc. trade on the Toronto stock
exchange under the symbols CN and CN.B. The Class B Non-Voting shares also
trade on the Nasdaq National Market under the symbol CNEBF.
About Bid.Com International Inc.:
Bid.Com, founded in 1995, is one of e-commerce's leading international
online sales and marketing organizations, with offices in Toronto, Ontario,
Tampa, Florida and Dublin, Ireland. The Company offers a compelling,
entertaining and cost-effective method of selling a wide array of goods and
services over electronic distribution channels. Bid.Com is strategically
positioned to leverage its business-to-consumer technological leadership by
offering the pre-eminent online auction platform for co-ventures into
business-to-business markets, licensing custom branded e-commerce solutions and
for distribution through broadband/cable media. In addition to strategic
alliances with CapGemini, NBCi through ValueVision Interactive, America Online,
Chapters.ca and Rogers New Media, the company has announced alliances in the
heavy machinery, automotive and travel sectors through Point2 Internet Systems,
MegaWheels and SCS Solars respectively. The Company's shares trade on both the
Nasdaq National Market and the Toronto Stock Exchange.
This news release may include comments that do not refer strictly to
historical results or actions and may be deemed to be forward-looking within
the meaning of the Safe Harbor provisions of the U.S. federal securities laws.
These include, among others, statements about expectations of future revenues
and cash flows. Forward-looking statements are subject to risks and
uncertainties that may cause Bid.Com's ("the Company") results to differ
materially from expectations. These risks include the Company's ability to
further develop its business-to-business and licensing businesses, the
Company's ability to develop appropriate strategic alliances and successful
development and implementation of technology, acceptance of the Company's
products and services, competitive factors, new products and technological
changes, and other such risks as the Company may identify and discuss from time
to time, including those risks disclosed in the Company's amended Form 20-F
filed with the Securities and Exchange Commission. Accordingly, there is no
certainty that the Company's plans will be achieved.
To receive additional information on Bid.Com International Inc. please
visit www.bid.com or via fax, at no charge, from the U.S dial 1-800-PRO-INFO or
from Canada dial 201-432-0955 and enter code BIDS.
-0- 12/17/1999
/For further information: Greg Bewsh, Vice President, Investor Relations
of Bid.Com International Inc., 905-672-7467, ext. 322, Fax, 905-672-9928, or
investorrelations(at)bid.com, or General Info., Alison Ziegler, Analyst Info.,
Barbara Manley, or Media Info., Claudine Cornelis, all of The Financial
Relations Board, 212-661-8030, for Bid.Com International Inc./
/Web site: sprint.ca /
/Web site: bid.com /
(BIDS BII CN CN.B CNEBF) CO: Bid.Com International Inc.; Sprint Canada;
Call-Net Enterprises, Inc. ST: Ontario IN: MLM CPR SU: JVN
-30-
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