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


To: Tiger USA who wrote (16903)4/6/1999 7:58:00 PM
From: Jerry B.  Respond to of 37507
 
i agree 100% john, do you (or anyone) have an educated guess as to what the "actual" float may be???

J>



To: Tiger USA who wrote (16903)4/6/1999 8:01:00 PM
From: donkeyman  Respond to of 37507
 
Tiger: I agree 100%. I would say all those heavy weight Internet auction companies that I'm familiar with are American companies and possibly 98% may be held in the USA. This BID.COM could throw a loop into all of this. Here we have a Canadian company, hopefully going to the Nasdaq, with maybe 90% of the shares held by Canadians. Many of those Canadian shareholders and companies have been sizing up those graphs from the US companies and realize generally all the action took place 3 or 4 weeks after they joined the Nasdaq - not necessary the first day. Although 100% jump on the first day isn't abnormal. So, who knows 50% or 75% of BID.COM shares the first day on the Nasdaq may not be up for sale. Then look out we may have our own Canadian IPO.!!!!