Silicon Investor (SI) -- The First Internet Community

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

To: Sili Investor who wrote (6995)	1/21/1999 11:16:00 PM
From: F. Evans	Respond to of 37507

Taken from the Street.Com website in a January 8 article..... 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!)

To: Sili Investor who wrote (6995)	1/21/1999 11:18:00 PM
From: F. Evans	Read Replies (2) \| Respond to of 37507

Sili, with all respect, you don't have to justify yourself to Doug...don't waste your time, you know he'll just keep finding things to disagree with. Frank