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

To: Orwell who wrote (1150)	11/19/1998 10:00:00 PM
From: Kevin Hamlin	Read Replies (1) \| Respond to of 37507

<<<<Wake up--there was a news release today (I'm assuming this was not a re-release)>>> Ummmmmm, Orwell, this is a re-release, and was first put to the market PRIOR to the opening YESTERDAY ...which by the way...happened to be at the bargain price of $2.08 Now since then, I would say the market ha been kinda enthusiastic, don't ya think? :) Just the beginning!!! Kevin

To: Orwell who wrote (1150)	11/19/1998 10:11:00 PM
From: waldo	Read Replies (3) \| Respond to of 37507

>>there was a news release today (I'm assuming this was not a re-release).<< It was. >>Bid will issue 5.7 million warrants, exercisable at $1.75 in a bought deal with Yorkton.<< Vickers is on the BOD: Jerry S. Vickers is Vice-President, Corporate Finance, Knowledge Industries Group at Yorkton Securities Inc. and has been so since July, 1996. From November, 1995 to June, 1996, he was Senior Manager of Company Listings at the TSE and from January, 1990 to October, 1995, Manager of Company Listings at the TSE responsible for the review and approval of companies applying to list and trade on the TSE. From January, 1989 to December, 1989, he was Senior Analyst in Engineering Economics at Bell Canada Inc. Mr. Vickers has also had experience in corporate lending, retail banking and business consulting to small businesses. More on the BOD: Message 6458544 >>This PR was NOT on the Bid website, and it was labelled, "Not for distribution to U.S news wire services or dissemination into the U.S."<< 1)website is mostly read by US subscribers. 2) When you go for blue sky clearance (NASDAQ), it is imperative that you do NOT solicit buying. It WILL jeopardize your chances. Ask any first year securities lawyer. >>What is going on here? Where is the regard for the shareholders? Stock merrily going along nicely at $2.80, then whammo, we get financing at $1.75, PLUS a quarter share purchase warrant???<< 1)If it does not bother AOL, Rogers and Torstar who are on the BOD and all large shareholders, it does not bother me...after all they would have to give their approval. 2) The money will be partially used for acquisitions. Have you seen what that does for internet stocks? 3) BID is the largest volume stock in Canada 5 days running. Shareholders seem to be doing fine. Give them another month. >>Meanwhile the U.S. IPOs are going at a gizillion dollars higher.<< This strategy is usually called positioning the right people...you know...the ones that are buying the daylights out of BII. >>I think Bid is in Bed with the wrong people.<< AOL is worth more that YHOO/AMZN/EBAY and ONSL combined. 38 billion. Fred Singer is a Senior Vice-President of AOL Studios, directing corporate strategies, finance and co-ordinating operations and human resource activities. Mr. Singer also serves as an advisor and board member on several AOL Studios companies. Prior to Mr. Singer's current position, he was Vice-President of Corporate Development at AOL, working on strategy and major acquisitions specializing in content and E-commerce. Rogers : Michael Abramsky is the President of Rogers Media Inc., a division of Rogers Communications Inc. and has been so since January, 1998. Rogers manages many of Canada's leading online properties, including Yahoo! Canada, Quicken Financial Network Canada, Electric Library and others. Torstar: Rocco Rossi joined the Toronto Star in April, 1996 and has been Vice-President of Strategic Planning and New Media since December, 1996 and among other tasks oversees the operation of Torstar Electronic Publishing Ltd., the company that runs the T-O Online Internet site for Torstar Corporation Waldo.