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


To: Rich Investor who wrote (3854)12/23/1998 10:09:00 PM
From: waldo  Read Replies (2) | Respond to of 37507
 
>>In an effort to see just how many auction sites today's Internet-minded investors will scoop up, computing products direct marketer Multiple Zones International (Nasdaq:MZON - news) threw itself into the "going once, going twice" fray by announcing the launch of its www.auctions.zones.com site for swapping brand-name computer products. On cue, investors drove the company's share price up $44 9/16, or 389.6%, to $56 today, even though the introduction of the auction site had been pre-announced on Dec. 7 and promptly rewarded with a one-day 52% price jump. Meanwhile, fellow computer products auctioneer uBid (Nasdaq:UBID - news) jumped $53 1/2 to $188 and parent Creative Computers (Nasdaq:MALL - news) tagged along with a $12 25/32 gain of its own to $59 11/16. Auction old-timer Sotheby's Holdings (NYSE:BID - news) , which rose 6% yesterday on speculation that it, too, will offer online auction services someday soon, added another $3 3/4 to $33 1/2. <<

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