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

To: ztect who wrote (2731)	12/2/1998 3:31:00 PM
From: waldo	Respond to of 37507

FOCUS-Wavephore offers Internet TV shopping service By Sarah Tippit LOS ANGELES, Dec 1 (Reuters) - WavePhore Inc (Nasdaq:WAVO - news)., developer of an Internet broadcast system delivered to personal computers via television frequencies, on Tuesday unveiled a new online shopping mall, an announcement that nearly doubled its stock price. >>''I would have to assume their business model is revenue sharing and with that you can always get merchants to sign on,'' said Lauren Freedman, an Internet commerce consultant with the e-tailing Group in Chicago. WaveTop is an Internet-based service transmitted on an unused portion of the television signal that carries the Public Broadcasting System's TV network nationwide to computers equipped with TV tuners. The system is available to all U.S. households with PCs but in some cases requires the purchase of special equipment costing about $70. It offers a range of news and entertainment programming and, with the introduction of the mall, a variety of shopping choices. biz.yahoo.com W

To: ztect who wrote (2731)	12/2/1998 3:31:00 PM
From: Kevin Matwichuk	Read Replies (1) \| Respond to of 37507

I think ATI just did the same Lurker

To: ztect who wrote (2731)	12/2/1998 7:42:00 PM
From: Ruyi	Read Replies (1) \| Respond to of 37507

<<all shares given to ICI become part of renamed corporation>> Thanks for making my point. Be it shares or cash the acquiring company paid for the shares of the acquired company.In your example they still paid. If Bii goes this route they either take shares or cash from treasury(dilution of assets) or ownership sells/gives,to purchase "shell" for all shareholders.Ownership unlikely to give up any of their small position 12% IMO.Don't forget about any liabilities the acquired company may have disclosed or otherwise, name changes don't remove obligations.Bii would still be required to file with SEC in any event. If it was a picture perfect filing 3 months minimum.Let's not forget there is still requirements for continuing companies to satisfy as well.If the company is solid and the future bright what's the hurry?