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


To: Serge Ladouceur who wrote (14288)3/29/1999 8:24:00 AM
From: the Chief  Respond to of 37507
 
Monday Mar 29 1999
The Globe and Mail reports in its Saturday, March 27, edition that
Bid.Com International advanced $1.05 to $13.90 on the Toronto
Stock Exchange, Friday. The Globe's Market Movers column reports
that five months ago few investors were keen to buy an Internet
Auction house. Today, Bid.Com is being regarded as the Ebay of
Canada and the stock posted a huge gain Friday for the fifth
consecutive session. It hit an intraday high of $17.60 as visions of
bidding wars for the company, and quick profits, engulfed investors.
The Globe speculates that Bid.Com stock jumped on speculation that
San Jose, Calif.-based Ebay may buy the Canadian firm to get into the
business-to-business auction market. The fact that Bid.Com executives
were mysteriously quiet only added to the intrigue, reports the Globe.