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


To: mf160 who wrote (2341)11/30/1998 8:50:00 AM
From: waldo  Read Replies (1) | Respond to of 37507
 
>>On the upside, nearly all experts believe that overall e-commerce will increase exponentially in coming years. Business-to-business transactions will represent the largest revenue: the eMarketer newsletter and Web site (www.emarketer.com) projects that it will jump to $268 billion in 2002, up from $5.6 billion in 1997. And online retail will also enjoy drastic growth. eMarketer projects a jump to $26 billion by 2002, up from $1.8 billion in 1997. Areas expected to grow include financial services, travel, entertainment, and groceries. <<

e-comm.internet.com

W



To: mf160 who wrote (2341)11/30/1998 8:54:00 AM
From: waldo  Read Replies (1) | Respond to of 37507
 

Globe says stock sees lots of action

Bid.Com International Inc BII
Shares issued 21,023,000 Nov 27 close $4.56
Mon 30 Nov 98 In the News
The Globe and Mail reports in its Saturday, Nov. 28, 1998 edition that
Bid.com International, which offers on-line auctions for people who want to
buy computer equipment and consumer electronics, saw its stock nearly
double last week, leaving many investors wondering why they didn't jump in
when it was trading for less than a buck last month. The Globe's Market
Movers column reports that for brokers the company has become the source of
healthy commissions as trading over the past two weeks has been about six
million shares a day. Much of the enthusiasm for Bid.com was created by
on-line rival Ebay Inc., which sparked renewed interest in electronic
commerce after it went public in September. Ebay climbed $13.38 (U.S.) to $
217.88 Friday on the Nasdaq Stock Market, more than 12 times higher than
its $18 a share initial public offering. On Friday, Bid.com advanced $1
(Canadian) to $4.56 on the Toronto Stock Exchange.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com