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

To: Fred C. Dobbs who wrote (2458)	11/30/1998 2:25:00 PM
From: waldo	Respond to of 37507

UBID auction likely to get out of hand Sneaking in through the back door doesn't always work >>But here's the problem: uBID may reach the heavens on its first day of trading, but it's unlikely to stay there. First, investor sentiment in the Internet sector is bound to turn around again, as it's done several times in the past three years, and the price-to-sales multiples now being afforded online stocks will fall. Although it's too early to tell if Monday's trading is a real change in investor psychology for Net stocks or just a brief pause, we're getting a glimpse of what's likely to occur in the future. Creative Computers fell 11 3/8 to 45, while Onsale plummeted 26 percent. << cbs.marketwatch.com W