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


To: salexa who wrote (2645)12/1/1998 11:46:00 PM
From: techstocker  Respond to of 37507
 
Monday November 30, 6:00 pm Eastern Time

Bid.Com stock slips ahead of global deal

TORONTO, Nov 30 (Reuters) - Shares in cyberspace auctioneer Bid.Com International
Inc. (Toronto:BII.TO - news) topped Toronto's actives roster again on Monday as the
company said it would launch a global distribution deal on Tuesday.

Bid.Com shares fell C$0.09 to close at C$4.47 on volume of more than 13 million shares, after days of frenetic activity. The
stock tracked a wide range, peaking at C$6 in early action and dropping as low as C$3.86.

Toronto-based Bid.Com said on Monday that it would unveil a world-wide distribution deal during a media open house on
Tuesday. But it offered no other details.

The recent surge in U.S.-based internet stocks fizzled out as traders pulled profits and took a closer look at the true value of
the underlying companies.

Note-This release came out after the news about the sound card deal which was also released by Reuters News leaving me to believe something should have came out today. I'm going to call the company tomorrow and ask them about this supposed other deal. Go to Yahoo and look at most current press releases.