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

To: Goldbug Guru who wrote (3086)	12/6/1998 7:44:00 AM
From: Kevin Hamlin	Respond to of 37507

I've got several thoughts that have been brewing over the weekend. Just so this one post isn't too long, I'll break it up into several posts. PART 1: TRADING GAMES Some very interesting trading over the past few days. I'm not sure of the access that everyone might have here to actually see all the trades, but there are definitely some interesting things going on here. Make no mistake. There are some big games being played by a few of the brokerages, and as always, they're at the expense of anyone who doesn't see or understand what is happening. A few comments: 1) Right now this stock is being controlled or "boxed". For the most part this is courtesy of Yorkton, Midland and Levesque. Depending on the day, the "box" exists at different price points. One day it was $2.90-$3.00 Friday, it seemed to be $3.10-$3.25. This serves a couple of purposes I think. First, it allows these houses to make a few bucks in a tight controlled spread. Secondly, and more troubling to the individual investors, it "shakes out" YOUR shares. The share price is "MADE" to look weak, you get weary, and then sell to the very people who are in control. And after all your shares have been vacuumed up at cheap levels, guess what! THE STOCK RUNS and you're left in the dust wondering what happened. As annoying as this game is, I take it as a sign of STRENGTH for the stock. It is a BLATENT attempt to get a hold of loose shares. The good news is, more often than not, the game being played is not very long lived. The question is, did they get your shares? Hopefully not. On Friday, I bought strongly. Thinking about it this weekend, on Monday I'll go in for more. IMHO, this stock will run. Regards, Kevin

To: Goldbug Guru who wrote (3086)	12/6/1998 8:16:00 AM
From: Kevin Hamlin	Read Replies (1) \| Respond to of 37507

TRADING PATTERNS: PART 2 Did BII get a little ahead of itself during the past week? This is actually a hard question to answer, especially given some of the games going on. $6.00 on the Monday opening did seem frothy, but the $3.00 range we are in now I think is equally over-reactive. One of the things I really like is the testing and strong resistance that has happened in the $3.00 range. At BII's "darkest hour" this week, the $3.00 range held very well. It dipped below a few times, but then always came back strongly. On Thursday and Friday, these levels have been tested and retested and have held very well, confirming the bottom end of the range. The stock will again consolodate here (as it has on Thursday and Friday) and then will move up again as the loose shares are absorbed. IMHO though, the low has been confirmed, hence my willingness to buy Friday and buy more tomorrow. The move up should happen again, and if my timing is right, it will be much sooner rather than later. Regards, Kevin

To: Goldbug Guru who wrote (3086)	12/6/1998 8:36:00 AM
From: Kevin Hamlin	Read Replies (4) \| Respond to of 37507

TRADING PART 3: It's amazing as I look down at the broker net positions over the past few days, how closely the net positions are to being break even...another indication of the games being played. For example: From Dec 1st-4th Levesque: Bought 1,319,285 @ $3.62 Sold 1,314,163 @ $3.67 DS: Bought 1,229,767 @ $3.66 Sold 1,211,016 @ $3.63 Latimer: Bought 1,256,200 @ $3.57 Sold 1,275,700 @ $3.57 These houses (and others not listed here) are just creating "noise".....just part of the game being played at the moment. While this noise is going on though, there is some VERY significant buying happening too. For example House 26 (Commission Direct) HAS BOUGHT OVER 1/2 MILLION shares over the past 4 days and sold a grand total of 11,900. Could they be wrong? Sure they could. But when a house is putting down this kind of big money, I would bet anything that they know far more than the rest of us. This has proven itself out time and time again. Ask yourself this. Would you buy a 1/2 million shares "on a hunch"? Nope. Follow the big money. They do not buy like this without being very sure of the return. Regards, Kevin

To: Goldbug Guru who wrote (3086)	12/6/1998 9:07:00 AM
From: Kevin Hamlin	Read Replies (4) \| Respond to of 37507

Trading: Part 4 The Upside Potential There are several factors which lead me to think that BII has great upside potential. In no particular order, here they are: 1) As noted in my previous posts, the bottom has been tested and retested. Some houses are working very hard to make the stock "look weak" and keep it temporarily boxed in. In the mean time, other houses are aggressively buying. 2) BII IS COMPARABLE (except in share price currently) to some of the incredibly valued U.S. internet stocks. It's a joke to see some of the posts here slamming the stock. Often though, these efforts are fairly transparent. BII IS a good solid company BII IS being backed by some VERY BIG other companies BII IS well on the way to making serious money. Again, take a STRONG look at the numbers in the recent press release. They speak for themselves. The slamming posted here, or through Taurus or wherever else is just plain bilge. See through this bunk and ignore it. The GREAT numbers are right there in front of you. 3) There is more news in the works. We didn't get the announcement last week regarding the cable deal that I think a lot of people were hoping for. When this news does come though, the upside to the share price will be very strong. When that happens, people will see the potential of BII in an even stronger light, propelling the stock further again. Then as people come to realize that Nasdaq is a very REAL possibility, the stock will move again, and again, and again. IMHO, when all of this happens, it will happen VERY strongly and VERY fast. There will be a lot of people left on the sidelines, only watching in frustration at the $$$ they could have made. For myself, I will keep a small position to trade, as BII presents this kind of opportunity. Much more substantially though, I'll keep a core position that will stay put until BII reaches the incredible potential that I think it has....and when it does,(again much sooner than later I think), those of us who bought in at these levels will be far far wealthier in a very short period of time. Regards, Kevin

To: Goldbug Guru who wrote (3086)	12/6/1998 10:18:00 AM
From: Kevin Hamlin	Read Replies (1) \| Respond to of 37507

One final comment this morning. I think the most telling sign about the near term future is this: THE C.E.O. of BII RECEIVED AN UNSOLICITED CALL FROM NASDAQ TO LIST WITH THEM. Now, unless Nasdaq has nothing better to do than make cold calls to companies out of the blue, WHAT DO YOU THINK THEY'RE SAYING?! IMHO this WILL happen...and as I said before...much sooner than later. One piece of news, one halt out of the blue catching everyone by surprise (the most likely scenario I think), and those who are in will reap the huge rewards. Regards Kevin

To: Goldbug Guru who wrote (3086)	12/6/1998 12:18:00 PM
From: Sili Investor	Respond to of 37507

I am also upset with the National Post for publishing such garbage. I am not, however, cancelling. E-mailing and letting them know is a much better way to deal with it I believe. For all of you that wish to e-mail as well, here's the address. Although its a general address, if enough of these e-mails are received, they will get the message. fpqueries@nationalpost.com

To: Goldbug Guru who wrote (3086)	12/6/1998 12:21:00 PM
From: Sili Investor	Read Replies (1) \| Respond to of 37507

Although the National Post published such garbage, at least they published a rebuttal by BID.COM's president. It's a start! And no, I'm not a National Post employee!!!

To: Goldbug Guru who wrote (3086)	12/6/1998 12:36:00 PM
From: Sili Investor	Respond to of 37507

Finally, here's some highlights from a columnist in the National Post, Don Tapscott. Don is a well regarded e-commerce consultant and author here in Canada. His column, and his latest book, is called The Digital Economy. The quote of the day, maybe even the year, of this article is.... "When you consider that by the year 2010, 25% of the world's economy will be running on the Net, the Internet ranks as the least hyped innovation in history compared with its actual significance on our economy and our lives." CLINTON ADMINSTRATION IS PLUGGED IN TO THE INTERNET'S IMPORTANCE The column discusses the meeting this week at the White House where Bill and Al were patting themselves on the back for supporting internet initiatives. Over 100 guests including E-Bay CEO Meg Whitman. The official cause for the ceremony was the release of the first annual report of the U.S. Government Working Group on Electronic Commerce. Tapscott spoke with a number of business leaders in the room, and each of them was quick to say that it was the Clinton administration's deft handiwork that had helped make the U.S. the most vibrant e-commernce economy in the world. As Gore noted: "More Americans build semiconductors that the construction machinery. More Americans spend thier days processing data than refining petroleum. In fact, over a third of real gross domestic product growth in the past three years came from information technology industries." Tapscott goes on the say that what's astonishing is how fast this portion of the U.S. economy has grown. When Clinton was elected, there were four dozen WWW sites in existence. Now there are more than 140 million Internet users around the world. Each day more than 50,000 Americans log onto the Net for the first time. Clinton added "Electronic Commerce gives us the extraodinary opportunity to usher in the greatest age of prosperity not only for Americans, but for people all over the world." Tapscott continues.....Hype you say? When you consider that by the year 2010, 25% of the world's economy will be running on the Net, the Internet ranks as the least hyped innovation in history compared with its actual significance on our economy and our lives.