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

To: waldo who wrote (4038)	12/30/1998 6:05:00 PM
From: waldo	Read Replies (1) \| Respond to of 37507

>>The market for much of the session appeared to be cooling down for the New Year's holiday, though some traders said the market was preparing for bigger fluctuations on the last trading day of the year as portfolio managers make last-minute adjustments to their positions. ''These final changes in the portfolios seem to create some volatility, and people are gearing up for that,'' said Arthur Coolidge, senior equity trader at Brean Murray & Co. Sharp volatility did shake the Internet sector, where stocks that have benefitted in recent days from strong online holiday sales tumbled.<< >>But while some analysts said investors may be starting to questions the high valutions of some of these money-losing companies, they also pointed out that big swings in the sector are expected and do not signal the end of their runs. ''These drops are not a watershed event, its not like they're all down 25 percent across the board,'' Coolidge said.<< biz.yahoo.com W

To: waldo who wrote (4038)	12/30/1998 7:20:00 PM
From: Sili Investor	Read Replies (3) \| Respond to of 37507

Isn't it funny how "analysts" who do not, or refuse to, understand the trend in on-line investing always describe this new trend (online investing) as a "mania" or as an "insanity". You know what, in a few years time, everyone will be looking back at the poor old brokers, who refused to believe that the money was moving to online investing, and say "Poor old fellows, hope they were successful in their own personal online investing, cause they don't make any commissions from me!" Probably more importantly, as more and more people start investing online, more volatility can be expected. It's much easier to look and trade online than to talk to your broker. As the number of day traders increase, so does the volatility of mostly technology stocks, although not exclusively. Hence BID.COM. Although we are still in the hands of the brokers (Yorkton, Cannacord, et al) we are experiencing volatility because there are day traders around. Without the day traders, Yorkton would be holding $1.75 warrants on a $1 stock. I just hope that we are not on our way down to $2.40 again. If so, can someone tell me in advance so I can sell tomorrow! <vbg>