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

To: the Chief who wrote (4888)	1/8/1999 8:36:00 AM
From: waldo	Read Replies (2) \| Respond to of 37507

From the Street.com: >>Speaking of Canadian companies: The noticeable exception to Internet mania are the Canadian Internet companies. Actually, there aren't many of these, and the one that seems to be getting the most attention these days is Bid.com (BII.TO:Toronto), an auction site that liquidates business inventory to consumers and to businesses. So why does its stock still hover around 5, and why is its market cap a mere $160 million compared with about $12 billion for eBay (EBAY:Nasdaq)? The reason -- something you probably never thought about: U.S. online traders can't invest over the Internet in the stocks of non-U.S. companies that don't have ADRs or a U.S. exchange listing. As a result, these stocks are immune to the U.S. day-trading crowd. (Take a look at the whining on Bid.com's online Silicon Investor message board about this!)<< Message 7165870 W