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

To: SilverFox77 who wrote (3953)	12/29/1998 12:08:00 PM
From: waldo	Read Replies (1) \| Respond to of 37507

Tue Dec 29 Wow And Woah: Readers Pick Top Web Events Of 1998 By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" 1998 is the year Internet stocks became household names, investor's gleams and shortseller's nightmares. The year began with a whisper for Web stocks on Wall Street. ISDEX stood at 100. The basket of 50 of the most-representative stocks in the new information age were largely ignored by investors, save for strong interest in some of the search engines. Through December 28 ISDEX had soared as high as 318.90. Speculation ran rampant. Any firm, gravity bound or not, with a Website and a press release announcing plans to sell via the Internet suddenly became the tout of the day on CNBC, the 'Entertainment Tonight' of financial journalism. Herds of day traders stampeded to the online brokers to buy, sell and trade stocks they've never even heard of, could barely spell the company name on, in a frenzy to get in and get out before the trapeze act stopped moving. But that's only 1% of the story. The other 99% has to do with how the Internet continues to change everything your grandfather thought was business. These are the thoughts and events that etched their way into the Web and gray matter everywhere: How in six months an unknown message board about trading stuff as simple as Beanie Babies became the instant billion-dollar baby on Wall Street--eBay (NASDAQ:EBAY - news) . fnews.yahoo.com W