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

To: Chad Barrett who wrote (2318)	11/30/1998 1:31:00 AM
From: Sans Souci	Respond to of 37507

ARTICLE: Financial Post, Nov-28-98 Bid.Com International Inc. (BII/TSE), up $1 to $4.56, on Vol- ume of 15.3 million shares. It was another wild day of trad- ing in the online Internet auction company. With 32 million shares outstanding - which does not in- clude a recent warrant issue - the equivalent of half the company's shares changed hands. The stock reached as high as $5.10 before settling for a 28.1% gain. Paul Godin, Bid.Com's chief exec- utive, said last week the company had received an unsolicited invita- tion from Nasdaq to explore the possibility of listing on the ex- change. He said yesterday he feels Nasdaq has an eye to encouraging IPOs from rising stairs in the Inter- net sector and his company will consider seeking listing, probably at the end of first-quarter 1999. Mr. Godin said he did not want the company to be lost in the rush of IPOs expected at start of the year. He said Bid.Com has plenty of cash on hand from prior financ- ing, but wants the profile a Nasdaq listing affords. ----- end -----