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

To: Denise D who wrote (9105)	2/8/1999 11:59:00 AM
From: waldo	Read Replies (3) \| Respond to of 37507

>>Bid.com "Hi Steve, yet another question from Amsterdam. This time I would like your opinion about TSE stock Bid.com. There is a message on their home page telling they are working agressively towards a Nasdaq listing. Price sales is slightly above 2. If they go to the Nasdaq that could rise to 3/5 times sales. Are they any match for Ebay?" Reply: Having just returned from Toronto and Canada Internet World where we discussed Bid.com I think a NASDAQ listing could help raise its awareness in the U.S. But we don't think simply listing on NASDAQ will make Bid.com a match for eBay (NASDAQ:EBAY - news) . No more than all the search engine stocks being on NASDAQ made them a match for Yahoo (NASDAQ:YHOO - news) . Competing happens in the marketplace and not on the stock exchange per se, although we do believe that many Canadian Internet stocks simply don't command as much valuation.<< Morning Report Mon Feb 08 eMailbag Monday: AltaVista, Broadcom, Excite, Web Brokers By Steve Harmon Senior Investment Analyst fnews.yahoo.com W

To: Denise D who wrote (9105)	2/8/1999 12:38:00 PM
From: NTT	Read Replies (1) \| Respond to of 37507

Hi Denise. Actually, I'm not physically shorting the stock. I'm simply profit taking when it looks like the tides are turning based on indices, market depth and studying the trading pattern of the various brokerage houses. I then try to get back in when it's lower. More often then not, this works fairly well. Sometimes things go the other way and I'm forced to buy back in higher. That's the life of a daytrader ;) I wouldn't short any internet stock for fear of losing my shirt. I'm playing with my hard earned life savings here -- I don't plan on blowing it all ;-)