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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Ruyi who wrote (5993)	1/12/1999 6:27:00 PM
From: The Osprey	Read Replies (1) \| Respond to of 18998

Next.

To: Ruyi who wrote (5993)	1/12/1999 8:47:00 PM
From: salexa	Respond to of 18998

BII VALUATION is not out of whack since you have quoted that sales for period ending were $6m compared to EBAY at $13m and EBAY is valued at 5 billion compared to under 100 m for bii and it was just named number 4 in site traffic. If you compare to a smaller one like UBID then a better price for BII is roughly $100 US therefore at $7.25 cdn someone could argue that it is grossly undervalued. Don't forget RRSP season coming up for canadians next month, means more money to pump in "long term stocks like BII"