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

To: Tom O'Dowd who wrote (14104)	3/28/1999 12:41:00 PM
From: Tiger USA	Respond to of 37507

Tom, Although, reading historic text books on the subject will say that a majority of investors lose money, I don't agree with your scare tactics. That issue is based on the fact that a large number of small investors get into the market (or stock) when it is hitting its (short term) peak and subsequently lose when the market retreats (BECAUSE they SELL into a falling market at a lower price). In most cases if those "scared" investors held, they eventually would have recouped their losses. The market (in general) as measured by the DOW has gone from <100 in the 1930's to almost 10,000 recently. Almost no one would have lost money if they held long term in good growing, solid companies. Unfortunately, just like a good car salesman, people are scared out of their money by traders who "inform" them into buying and selling at the wrong time at the wrong prices. To all, do your DD, make a decision, and don't waver from it. If you do lose, then learn all about it from the experience and move on.

To: Tom O'Dowd who wrote (14104)	3/28/1999 12:55:00 PM
From: donkeyman	Read Replies (2) \| Respond to of 37507

Tom: --I noticed the same thing with EBAY. They must have had a half dozen good dips in the value of their shares as they quickly moved over a 6 month period (approx) from Cdn.$27.00/share (US$18.00/sh) when they came on the NASDAQ to their high of Cdn.$800.00/share (US$525.00/sh).? all these EBAY sales came inside the USA I guess.? (Figures don't include 3-1 split).--Most would be very, very happy if BID.COM's internet business-to-consumer auction could match 5% of that phenomenal performance of EBAY. -- Has Bid.Com's business-to-business auction kicked in yet? what about other revenue streams for bii.?? Did Bid.Com's 1998 $20.1 million revenue result strictly from business-to-consumer auction? That particular Bid.Com web site has improved dramatically along with a much broader band of high-quality products with much improved profit potential.!!!

To: Tom O'Dowd who wrote (14104)	3/28/1999 1:20:00 PM
From: SwampDogg	Read Replies (2) \| Respond to of 37507

What you are saying doesn't make sense to me. You are saying that when the Nasdaq hype is over the shorts will be "back with a vengeance". This might be true but by that time BII will probably be $50+ CDN a share...so to say that current owners of BII are overenthusiastic and that there is no fundamental reason for the rally, is absurd. The internet mania is based on hype and expectation of exponential gains and buyers of BII are in fact getting a before market IPO price. The Nasdaq ride might indeed be short but it will be very sweet. I think buying or holding a stock like EBAY is crazy and if I was a short player I would short EBAY and buy BII or I would take some of my profits from EBAY and put them into a stock like BII. If BII receives a Nasdaq listing the stock is going much higher in the near term and that is all most of us care about. Good luck

To: Tom O'Dowd who wrote (14104)	3/28/1999 9:37:00 PM
From: zwing_88	Respond to of 37507

Tom, St. Paddy's Day is over and you have had too much green beer. Z

To: Tom O'Dowd who wrote (14104)	3/28/1999 10:10:00 PM
From: the Chief	Respond to of 37507

Mr. Dowd. I asked you to post when you decided to "short this dog" you didn't so I can only presume you didn't. Even if you have, you wouldn't be given the credit that is due for your astute investing by guessing correctly the $17.00 top. this is why I run a "realtime daytrader thread" it's tough to lie when you have to report your "stupidity or astuteness" in realtime. I find most people full of hot air, and are either bitter because they missed the boat, so berrate the ones that boarded at the correct time, or, the cheerlead from the boat and berrate the people sitting on the jetty when the gangway is withdrawn. I choose to analyze the "moment". Momentum is with BII whether you ike it or not. The stock will be purchased by the Inut gamblers in the US because "thats what they do"! Canucks will placidly watch their little internet darling pushed higher and higher and wish they had bought "because that's what we do"!! Ultimately the direction of BII is now in the hands of the Brokerages who know they can make a buck!! NO one here can convince me that a majority of investors(the public) has made big money in most markets. The market is built on a necessary foundation that a majority of investors always lose money in the market. Others must die to supply the money for the majority of investors to live on. I'll be standing on the other side of the market and waiting for the last fools to jump in at the top. Thats the nice thing about these boards..most intelligent people don't feel the need to convince anyone...you believe what you believe..fine! Your analogy of the market place although simplistic is accurate and represents the theory of the last man out s/w's off the lights and the balance of his check book...if the risks are too great maybe you should consider the barrage of people that insist that Inuts are going to crash( six months ago), those people will be eventually proven right, but likely only when the rest of the market crashes along with it!! I hope to be waving to you while you are safely on the jetty!!! We shall see!! Please Post your short, when you decide to do it...I post all my buys and sells as others on the thread do! My last post was "on the ship"!!<ggg> Subject 23802 the Chief