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

To: Kevin Hamlin who wrote (2104)	11/27/1998 9:45:00 PM
From: waldo	Respond to of 37507

I take it you bought back in Kevin. From Insider Report at Stockhouse: Propelled by superheated Internet issues, the Nasdaq Composite leapt to its all-time closing high in a shortened post-Thanksgiving session today. The index climbed steadily, ultimately adding 31.23 points to close at 2,016.44. The frenzy surrounding Internet stocks is increasingly drawing old players into this new ring. Consider, for example, book retailer Books-a-Million [BAMM:NASDAQ] which announced today it would be going online and then watched its share price triple. Obviously the allure of forecasted Internet sales figures is drawing everyone to the table. Blue chips also posted gains, albeit more modest, as the Dow Jones industrial average rose 18.80 points to 9,333.08, and the S&P 500 index gained 5.42 to 1,192.29. The TSE, meanwhile, spent the whole day in negative territory, losing ground even faster after Wall Street's early close. The TSE 300 Composite index lost 91.46 points by 4:00p.m. to close at 6,468.32. In spite of the overall down day, Internet-auctioneer Bid.Com [BII:TSE] continued surging, up another dollar today to $4.56 on volume of over 15 million shares. Not bad turn over for a company with only 21 million shares outstanding. Apparently, the Internet euphoria knows no borders.