Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (3742)	2/10/1999 10:48:00 AM
From: NTT	Read Replies (2) \| Respond to of 62347

Out BII at $5.90 earlier and back in at $5.55. Out again at $5.90. 150k up to $6.00! This could head down fast if the markets turn around again, which is easily possible. If it eats through, I'll be back in above $6.

To: Buckey who wrote (3742)	2/10/1999 11:08:00 AM
From: Crazy Canuck	Read Replies (1) \| Respond to of 62347

Geez guys, I go away for a holiday and I come back to find that you folks just gave me my going away present after I return. By this I mean that I have just purchased some more shares at a very cheap price. Thank you. It is interesting to be away from the action and reflect on what is happening to the market and this company in particular. I had to read through close to 1,000 posts to bring myself up to speed as to what has happened while I was gone. By the way, most of these posts were crap. It seems that we are back to some intelligent pro / con debate again which is good to see. Here is a quick summary of some of what I think might be happening. Remember that I have been stating that Market share and Consolidation are the things to watch for. Consolidation is happening now in this area. Look at what Barry Dillar from USA networks has been doing. If Bid.com does not move swiftly to get listed, then another upside scenario would be if Bid.com is purchased by a strong partner. So where would consolidation fit for Bid.com? Well, as I see it Microsoft is in the process of building a cable, content, and service network. They have been interested in Rogers - by the way Mario Gabelli referred to Rogers a "Yummy Buy". They have concentrated on building content for their network (that is why Bill Gates purchased the duplication rights to a number of masterpieces). We have a strong agreement with Rogers, and one of our board of directors is on Bid.com's board. Bid.com also has a V.P. from Microsoft on it's board of Directors. Senior management of Bid.com have been confident on their revenue projections, and they are moving towards a diversified business model that will provide a variety of different revenue streams. They do not want to be a one trick wonder. This means that valuations based on the auction stream alone are missing much of what is going on behind the scenes. Mr. Godin will be interviewed on Investor's Online this Saturday, and I believe that (if he does a good job) many people will have their first real opportunity to understand what this company is doing and how they are positioning themselves for long term growth. Once again, I ask you to think about how you would feel if you bail out of this stock, and you wake up in the morning and read that the European office is now open, and they are listed on the Nasdaq - or they are being purchased by a large company. I do not want to convince anyone to go outside their comfort level, as the downside is real, however, in my opinion, the upside potential is much greater. Nice to be back.