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

To: waldo who wrote (2249)	11/29/1998 7:04:00 PM
From: waldo	Respond to of 37507

Sunday November 29, 5:50 pm Eastern Time uBid IPO not for individual investor-Barron's NEW YORK, Nov 29 (Reuters) - uBid Inc. (UBID - news) is expected to be a ''screamer'' of an initial public offering, but there is little for the individual investor currently in the stock, the financiual weekly Barron's said in its Nov. 30 issue. The online auctioneer is different from the hot eBay Inc. (Nasdaq:EBAY - news), namely because it has no profits and faces competition from players such as OnSale and Z-Auction, Barron's said. uBid, of Elk Grove, Ill., acts like a clearance house for computer and high-tech vendors. It plans to offer 1.58 million shares at $13 to $14. The company plays into the continued fervor for Internet IPOs, but individual investors may want to stay out for at least two earnings periods, Barron's said.

To: waldo who wrote (2249)	11/29/1998 7:13:00 PM
From: AL	Read Replies (5) \| Respond to of 37507

<<Bid.com is in the process of a licenscing deal with a major US cable company.>> Waldo, I am not doubting, but how do we know this is taking place? ( good of you to spend a lot of time doing the research and posting it for all to benefit from ) Al