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

To: Tiger USA who wrote (8999)	2/7/1999 2:03:00 PM
From: Sili Investor	Read Replies (1) \| Respond to of 37507

>>>Reference to the NASDAQ secondary offering. I believe BII and the MM's will wait to see the price movements during the period between announcement and actual listing before pricing the offering.<<< John, execellent point. I think you are bang on. It makes much more sense to announce the NASDAQ application knowing you have the MMs on baord and then watch to see what the share price does on the TSE over the coming week or two. Then you announce the additional financing with a price slightly above the TSE price. Makes perfect sense to me.