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

To: Denise D who wrote (10519)	2/25/1999 4:52:00 PM
From: mccowaner	Read Replies (1) \| Respond to of 37507

Denise... Thanks for taking the time to print out the total article. Very enlightening comments about the situation of venture capital in Canada. The article also relates to Crazy's comment a few weeks ago about Canadians not supporting their home grown efforts. Now I understand that without capital its very hard to move into internet types of business. This tells me that Godin et al really believed in themselves, their plans and potential to put their own money into the business. IMO that gives them great impetus to be successful and we ride their coattails! I was curious about the fact that Godin said they would be profitable this year. I wasn't sure how they managed that so quickly. If they used their own money to start up, they don't have a mountain of debt to drag down their net earnings. Puts them in a very handsome situation very quickly! Analysts love that stuff! I'm getting to like this company better every day!

To: Denise D who wrote (10519)	2/26/1999 9:28:00 AM
From: donkeyman	Read Replies (1) \| Respond to of 37507

Quite a scathing report (post #10519) by Mark Evans of the Globe and Mail on the Canadian Internet in general. There is no doubt when the Internet is talked about by the Canadian News Media somehow they focuses 90% on the negative side of things, opposite the USA. The first day Canada's #1 Internet company hits the Nasdaq will be the same day Bid.Com will be bought up in the United States - Canadians can say good-by Bid.Com.!!!! Quite a comment from that report! "Another sign that Canada's Internet industry is a bit of a joke is the lack of publicly traded companies. You could probably count the number of pure Internet plays on two hands, although many people would be pressed to name any of them beyond Bid.Com International Inc." I can think of a few cheap ones, BIT (ASE), VNE (ASE), MCF (TSE), MADI (Nasdaq), CY (ASE). What I find strange is all of those cheap Canadian Internet companies outside of CY have been forging ahead with new business like a house on fire but their share value has been slashed in 1/2 over the last month. That's a hard one to figure out when all the Internet stocks in the US have been skyrocketing over the same time. I'm puzzled on that one.!!!!!!