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

To: Rich Investor who wrote (6397)	1/17/1999 10:35:00 PM
From: Mike Perras	Read Replies (2) \| Respond to of 37507

Kris: Don't mean to stir it up but the sooner CAN/US dollars have the same value the better .. I can buy lots of US stuff cheaper, even after the dollar conversion .. so what's the point, a common North American currency would be better IMO. US teachers come here cause we pay very well, Our doctors go to the US because they pay more. Why not pay both professions the same dollar on both sides .. stop the raiding. Mike

To: Rich Investor who wrote (6397)	1/17/1999 11:05:00 PM
From: Crazy Canuck	Read Replies (1) \| Respond to of 37507

Hi Kris. You are correct, in stating that an American Co. could come up to Canada and set up shop selling their products in Canadian $'s. As we all know, it happens all the time in the retail world. Take for example WalMart, Chapters, or Home Depot. However, the name of the game is speed. WalMart arrived in Canada and was set up in no time at all. This is because they took over a swak of stores of an existing operation - these were the Woolco stores. For any foreign business (American or otherwise) to set up the distribution and supply lines in our country, well let me tell you it takes time. If this scenario were to come true, then why wouldn't that expanding company first take a hard and long look at purchasing one that is already established. Hey what about Bid.com? If anyone thinks that Bid.com is not being looked at by a bigger fish, then they had better look again. Remember, consolidation and marketshare will be the keys in 1999. Looking at this scenario as an investor. This might be a good thing. The stock would POP!!, we might even get some shares of the bigger company, and we would all be happy. Maybe not as happy as if the company grew really big on their own, but I think I would be pleased with the return on my investment. I know that donkeyman can, and probably will speak for himself, and I don't want to get between two people during a spirited debate. However, I didn't take his comments as hyping. It seemed to me that he is really excited about the possibilities that this company might provide. And I will say it again, you are correct that everyone should walk into any investment with their eyes wide open and look at all the possibilities and probabilities. Talk to you soon.

To: Rich Investor who wrote (6397)	1/18/1999 7:34:00 AM
From: The Osprey	Respond to of 37507

Kris H., I think you missed Donkeymans point here.If it comes to buying from an e-commerce site it is cheaper for Canadians to buy from Bid.Com in Canadian dollars and with the currency exchange rate it could be alot cheaper for americains to buy there as well.Having said that let's not forget that Bid.Com has an office in Florida and have opened up a Dutch Site to cater to the european market and the new Euro dollar. Osprey

To: Rich Investor who wrote (6397)	1/18/1999 8:36:00 AM
From: donkeyman	Read Replies (1) \| Respond to of 37507

Kris; When I think of Bid.Com I can think mostly of positive things. That's not hyping. They have more shares than I would like to see, but the pressure might come off those if some of those 290 million Europeans grab up a slice of them. I don't like the fact that Bid.Com is not involved in strict retail but they may get into that before the Americans move in. The Americans might be best off moving into Europe first to take a slice of the Euro dollars rather than that "weak Canadian dollar". My only hope is the Bid.Com name will be just as well known as E-Bay, UBid and Egghead when they do decide to move into Canada. Kris: what's this about there may be too many E-commerce companies on the Nasdaq? E-commerce sales represents only 1% of total American sales and probably 0.1% in Canada. As far as growth goes in this industry, don't you think we have a little ways to go? Kris: this bit about Bid.Com is no different than the rest in the USA e-commerce companies. I would say-?? #1 Bid.com will be the first E-commerce company set up on the Nasdaq from Canada. They will be the first set up doing E-commerce business in Europe and maybe Asia??. You don't think that will get the CNBC boys talking? Kris: you have had a couple of good deals paying American dollars? so did we all! But you're not telling me there are more Canadians pouring down over the USA/Canadian border in to the USA looking for cheap deals than Americans pouring in to Canada are you, Canada is being flooded by Americans, and we all know that's for a reason.!! Look at all the Canadians that are heading to Cuba now. Guess where they aren't going? Florida! We all know the tell reason why? Kris: you make some good points but you might have slipped up on a couple of these points above.