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

To: waldo who wrote (3878)	12/24/1998 9:55:00 AM
From: waldo	Read Replies (1) \| Respond to of 37507

Morning Report Thu Dec 24 Bid 'n Ask: uBID Gains 342% To Lead IPODEX By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" Of the 20 stocks in IPODEX 18 were up on the week with temperatures rising at least on Wall Street despite a cold snap across much of the U.S. Indy investors bid up shares of uBID (NASDAQ:UBID - news) to record heights since December 17 as shares soar 342% for the new IPO. The underlying fuel for the run looks like the very small float, just 1.5 million shares in the public's hands. With volume of 5.5 million shares traded yesterday that means UBID was turned over more than 3.5x. However, we think more established and better known rival, ONSALE (NASDAQ:ONSL - news) has more of a lead on uBID--but trades at 72% of the lesser known uBID. Here's another angle, Egghead.com (NASDAQ:EGGS - news) trades at about one-third of UBID despite also being in the surplus auction business. The most important element that may be overlooked is ONSALE's deals with Yahoo to provide auctions to its user base in two flavors: personal auctions eBay style and auctions for small businesses. That position is an enviable one from our standpoint and one that gives it an edge over uBID we believe. Let's go to the table: fnews.yahoo.com W