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

To: Rich Investor who wrote (4135)	1/2/1999 2:33:00 PM
From: the Chief	Read Replies (3) \| Respond to of 37507

Hi Kris. I have enjoyed reading your last few posts..keep it up..good stuff! This market is not entirely governed by "perception" as the Chief has stated, I still believe it is. The market lumps most "teckies" in a group, as they do "Inut" stocks. If Cisco or Lucent heads south so do "secondary stocks" in the same group, they are, the sticks that their group are measured by. If the group leader falls, the fundamentals associated with that secondary stock "at that time" are irrelevant to the masses because the group is selling off, so it sells off as well. The larger the group the lesser the impact to the secondary stocks overall. In the case of Inut stocks the group is small. Therefore the reaction is more obvious. If EBAY/AOL/AMZN sell-off in January then, they as "group leaders", influence the "perception of direction" for internet stocks, for that moment. There will be little consideration to value.... BII will move in step with the group leaders. Hey, if nothing else, look at it as another buying opportunity for BII stock, because it will probably be the last great sell-off before we really take off! This was precisely the point to be taken from my first post on this point...I agree wholeheartedly. Message 7027390 My intention was to point out to our fellow SI/BII owners that doubling-up or buying more "might" be done more efficiently after NY. and I am surprised that many did not expect this prior to January 1. I'm not. Their are many new investors that have joined SI and need people to point out the obvious. It is obvious to some of us, but it is "startrek" stuff to others. Thats why I like SI...sharing of info! Sometimes pointing out the obvious seems rediculous...but in the majority of cases it tweaks the "unsure"! A pleasure! Disclaimer I don't have a clue, I will likely never ever get a clue. Don't believe a word of the authors jibberish. Consult your hairdresser for better guidance. the Chief