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

To: mccowaner who wrote (10462)	2/24/1999 4:28:00 PM
From: RG	Read Replies (3) \| Respond to of 37507

Bii is getting some good publicity! Check it out if you haven't already. RG freeyellow.com

To: mccowaner who wrote (10462)	2/24/1999 7:41:00 PM
From: Dave Kiernan	Respond to of 37507

BII float 13 times the size of EBAY. 300US divided by 13 equals 23.00US. BII trading at around 4.00US. NASDAQ listing should provide some price appreciation I would think.

To: mccowaner who wrote (10462)	2/25/1999 1:29:00 PM
From: Crazy Canuck	Read Replies (2) \| Respond to of 37507

>>He/she wants to know about the float on BII. Says discovered BII's float to be about 45 million, whereas EBAY float is 3.5 million and UBID is only 1.5 million. This has caused a question in his/her mind.<< Sorry for the delay in responding to your question. But I have been flat on my back with the "Mother of all Flus". A friend of mine manages a +$500 million pension fund. I was asking him about some specific stocks one day. There was one I particularly liked. I had purchased it at $31, and it had risen from $31 to $50 dollars in about 3 months. He said that he and the other fund managers he knows would never purchase that stock because is had a such a small float. It could easily be manipulated and you just never know the motivations of the major shareholders. I have to say that prior to this discussion, I was concerned about the large number of outstanding shares that Bid.Com had. It then made sense as to why Altamira and some other funds were buying these shares. I believe that a larger float will provide some price stability over the long term. By the way, the 50 dollar stock is now worth $28. It dropped like a rock within a few weeks. I sold out at $46. Crazy "and still sick" Canuk