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.

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

To: Jazzss who wrote (10976)	3/8/1999 1:20:00 PM
From: Andy	Respond to of 37507

BII discussed by Steve Harmon. Funds & Emailbag: Harmon's Picks Beat All Mutual Funds So Far By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" It was kind of nice to see that the core eight stocks I picked for Harmon's HotWatch '99 were up 89% year to date, handily beating the entire mutual fund universe so far in 1999. The reason I mentioned that is Bloomberg's listing of who's hot and not now making a big splash showed that the leading mutual fund through the start of March was an Internet mutual fund with a reported $156 million under management. It had a 49% gain year to date. The number three and five funds were also Internet funds. But each was under 30% in gains so far. And now for eMailbag Monday: "Steve, love your column. You translate the Internet for many of us! 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 - news) , uBid (NASDAQ:UBID - news) , Egghead.com (NASDAQ:EGGS - news) ? 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. Sea, Land & Air - Elemental Battles "Steve, what is your opinion on the who will emerge as the winners in the race to provide bandwidth(or is this a recently overhyped development) - I think not as the most frustrating aspect of the Internet is staring at the screen loading) : The way I understand the basic venues it goes: 1) Phone 2) Cable 3) Space. The companies I have heard of who are among the leaders in each arena as far as a pure play is concerned are: 1) Aware 2) Broadcom 3) Gilat Sate