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

To: the Chief who wrote (5059)	1/9/1999 1:34:00 PM
From: donkeyman	Read Replies (2) \| Respond to of 37507

In order for BID.COM to get on the NASDAQ they have to maintain a price of CDN$7.50/share for a month from what I can understand. If one held 2000 shares of BID.COM at a price of Cdn.$5.50/share and BID.COM decided to double the price to Cdn.$11.00/share but reduce your 2000 down to 1000 shares, wouldn't that be a fast track to the NASDAQ? In other words, BID.COM's total shares outstanding would be slashed in half???? When Zoom entered the NASDAQ their IPO price range was raised to US$12.00/sh. to US$14.00 from US$9.00/sh. to US$11.00/sh. and its size had been raised to 4 million shares from 3 million shares. So it seems a company can manipulate its shares going on the NASDAQ.??? Is there another way? For example, when UBID entered the NASDAQ, didn't they control the number of shares they put on the NASDAQ and held back so many??? IF they did, how was that possible? Could BID.COM do the same thing? One thing about BID.COM if they can get their business swinging in Europe, there will be a demand for their shares in a population of 290 million not to mention a large demand for those same shares in the United States with a population of 300 million. Plus Canada's 30 million will hold down a certain Percentage of BID.COM, shares.!! This International exposture and demand for shares (especially in Europe) will be a luxery I doubt companies like UBID, ONSL and EGGS etc., have.

To: the Chief who wrote (5059)	1/9/1999 4:22:00 PM
From: Kevin Hamlin	Read Replies (2) \| Respond to of 37507

Well Chief, I'll pick up on a couple of your comments and respond. Not often I take an alternate view than you, but here it is! <<<It likely won't (qualify for Nasdaq) until Q2 99 assuming a good Quarterly XMAS report!>>> Outside of the 30 day waiting period, I think we'll be up in the listing price range either this week or the next at the latest, and then yes, the 30 period. That would put my prediction of Nasdaq quite a bit earlier than yours. We'll see! <<<Thats what I like about the markets, I can do either, I will begin to short this stock at $9.00+ Canuck, if a NASDAQ listing isn't in the offing!>>> Well if it's a $9.00 stock, then a Nasdaq listing IS in the offing!! And at that point I would be scared to death to short it! You only have to look south of the boarder to see the short slaughter that has happened on a regular basis. The way internet stocks trade there, it gives the term "gapping" a whole new meaning!! If BII gets to $9.00, then I think it will go much higher, not lower. $9.00 to me suggests that at that point BII is not some little localized Canuk stock play. $9.00 means BII is being played strongly on both sides of the border, whether it is actually listed on Nasdaq yet or not. As I said in an earlier post, I personally think that once it is seen that BII can in fact reach Nasdaq listing levels, the pricing will go into an updraft quite quickly and start reflecting Nasdaq valuations for these Internet companies. In that light, the share price for BII between "Nasdaq-doable" ($6.00 range as the threshold?) and the price BII would be if it were listed on Nasdaq today (put in your own value here), will be VERY short lived. So we'll see Chief. Either way, it's going to be interesting! Regards, Kevin