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

To: Adamson who wrote (4665)	1/6/1999 9:51:00 PM
From: waldo	Read Replies (1) \| Respond to of 37507

>>''There's been lots of talk about big media or telecom companies taking over these Internet companies -- and there have been plenty of conversations over the past 18 months,'' Andrea Williams of Volpe Brown Whelan in San Francisco. Big companies have shied away from the Internet stocks because they are so high-priced -- Yahoo, for example, is valued at more than CBS Inc. But Williams said there is ''growing pressure on mainstream companies to have a legitimate Internet strategy set by the end of 1999.'' But even if those takeover stories are still pure speculation, small investors latched onto them as a reason to jump into the fray. The market is led now by hordes of small investors getting back in the so-called ''reinvestment strategies'' often seen at the start of a year, said A.C. Moore, market strategist for Dunvegan Associates. And so far their stock picks pretty much resemble the ones they made last year: Internet stocks and high-tech favorites like Intel and Microsoft. ''The consumer is in the market, investing in the names they've heard about, the Internet stocks and PC stocks,'' said Moore. ''It includes all those people staying up late trading stocks on their PCs, coming in with very small volumes from everywhere.'' ''The glass is half full now in the tech sector,'' Moore added. ''The trillion dollar question is, 'Can that enthusiasm continue to carry over into the broader market?''' << biz.yahoo.com W