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

To: Ken Walker in Ontario who wrote (7983)	1/29/1999 9:22:00 PM
From: Dave Cash	Respond to of 37507

Yeah that's Paok. Been watching his posts and he seems to know when news is coming. I think the big news is inevitable anyway. Who knows when though. I'm holding tight.

To: Ken Walker in Ontario who wrote (7983)	1/29/1999 9:23:00 PM
From: Denise D	Read Replies (3) \| Respond to of 37507

Ken, Just checked what you were talking about... I don't know if it's true, and it scares me because it makes me want to buy more on Monday - whatever the cost to my personal finance -when it could be just a rumor. The BII thread on Stockhouse if full of speculation and hype. Don't get me wrong, I'd love to buy more, but my money is tied up in other investments. If anybody on SI can substantiate (ridiculous I know, short of being Paul himself) this "news", I might pay more attention to it. Denise.

To: Ken Walker in Ontario who wrote (7983)	1/29/1999 9:27:00 PM
From: Crazy Canuck	Read Replies (1) \| Respond to of 37507

>>I heard the BIG NEWS thing over at Stockhouse, is there any truth to that rumour? The guy says he's batting 1000.<< He does seem pretty sure of himself. Well actually he really seems downright cocky! The post at Stockhouse that got my attention was this one. This person is responding the possibility of the IPO and how it might play out . . . >>This would imply a Nasdaq IPO. Rather either of the following two. An ADR (american depository receipt), where some shares of the float are listed. Or the delisting from the Toronto and all shares trade at Nasdaq. Why does this make the sale by Yorktown sensible? They will take a portion of the IPO shares financed by the current sale of the Canadian shares. Since the Nasdaq tends to runup these IPO shares, the IPO shares are the ones to own. The BII Toronto shares will rise to reflect the new value of compnay created by IPO. For instance the compnay may issue (all just for example here) 1,000,000 shares at 10.00, that value would be spread over the new float, and the BII.TO will rise, however the IPO shares may go many times the $10.00 example price. So it could be that if you where in a position to have a choice you would prepare cash for the IPO shares. Since most of us don't have a choice the place to be is in BII, before the IPO. I bought (Creative Computer) Mall before the IPO of UBID for a better than 350% gain. The people who got the IPO received gains much higher than that, (of course depending on when they sold). This all is offered as a quick response to the message but I hope my experience and opinions are food for thought. << I sent a reply in order to clarify what I think he was saying. I just posted it so it may take awhile for an answer. I confess that the only real experience I have with IPO's is when broker calls me up and asks if I want to buy in on the new shares offering.