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


To: donkeyman who wrote (10961)3/8/1999 10:33:00 AM
From: Jazzss  Read Replies (1) | Respond to of 37507
 
Nice exposure guys!!!! From Steve Harmon (today)

"I was wondering about your thoughts on Bid.com, the #4 online auctioneer
based in Canada. They are listed on the Toronto exchange(BII) and on the
pink sheets(BDCMF), but have recently applied to NASDAQ. If approved,
do you expect a similar valuation to other US auctioneers?

Reply: I've followed Bid.com (Toronto:BII.TO) since it was Internet
Liquidators years ago and AOL first invested in the Canadian-based Web
auction outfit. Bid.com filed for NASDAQ listing February 16 and it
usually
takes the SEC 45-60 days to review the application. BII shares have zoomed
more than 10x since last November as Internet stock speculators started
looking for relatively inexpensive Web stocks.

Will it catch or match market values of Onsale (NASDAQ:ONSL), uBid
(NASDAQ:UBID), Egghead.com (NASDAQ:EGGS)? I think the
NASDAQ listing, if approved, could help the awareness of Bid.com but the
value equation rests with management, not an exchange. Bid.com must rise
above the auction noise.