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To: waldo who wrote (105)	11/28/1998 5:24:00 PM
From: FR1	Read Replies (2) \| Respond to of 1530

Bid.com vs UBID Waldo: I know you are deep into bid.com and it may be a good stock but we are shooting with real bullets here and it's important to look at the good and bad of a stock or you will waste thousands in a day (or worse, you will waste my thousands). All I am hearing from you is nothing but good, good, good. However, there is a bid.com thread, which you frequent, and just 2 clicks brought me this gem: From the bid.com thread: exchange2000.com Not to dampen the enthusiasm around here, but remember a couple of things: (1) To get the NASDAQ listing, the stock will have to break the $6.25 mark on Toronto. Given that there is still a general negative attitude on smaller caps, expect extreme short-selling pressure. Actually, you witnessed some of it Friday once the stock touched the $5 mark. (2) Like many previous disasters before it (Lion's Gate, Rainmaker, etc.), Bid.com has the big "Yorkton Securities" stamp all over it. To make it worse, Yorkton's VP of Corporate Finance sits on the Bid.com board. If that isn't a 2 storey-by-2 storey red flag, I don't know what is. (3) Moving to NASDAQ is not as big as you might think. UBID.com will begin listing there in the next 7-10 days and that is also a much bigger on-line auction house than bid.com. The move doesn't mean automatic success. Just ask the droves of ATI shareholders after that stock commenced trading on Tuesday. And there you have a good tech company with $750 million (CDN) in sales. That isn't to say that quick money can't be had (and it certainly was this week). But I'd be very skittish about getting in at the $5 point ****************** I'm no saying bid.com is a bad stock but please try not to be so blindly partial.