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: RG who wrote (17328)	4/7/1999 7:47:00 PM
From: Gator	Respond to of 37507

TG, One thing the Canadians fail to realize, is the folks here in the Lower 48, have thrown out the "old" for the new!!! The Internet represents a new avenue...and as such, they are willing to put their hard earned money on the line for future expectations!!! A little known fact from CNN or CNBC last night...the average couple, aged 65, can now expect at least one member living until 85 years old!!! With this in mind I know folks in that age group that are allocating a portion of their funds to AOL, BII, and Yahoo... Strange but true...Folks better start watching Sideware (SYD.V), and their DR.Bean JAVA based e-commerce product,...they will be at Internet world in a week or so, followed by a show based Press Conference...this is cutting edge...not like NNS.V (which is rather passe)... Regards...Gator BTW, with rates in Europe going down, this will fuel the US and Canadian markets, this in the face of increasing oil prices... Metals too...Here's today's Infobeat e-mail: >> New York precious metals ended higher Wednesday; trading was dull and subdued, although gold managed to hold on to its gains. The sentiment in gold improved this week as the perception of massive fund shorts in an oversold market raised the prospect of a shortcovering rally. "We saw some fund selling on the opening," one trader said. "But the dealers were willing buyers. I think this market is massively oversold and due for an upward correction." The net short speculative position as of March 23 was 55,893 lots, according to the most recent CFTC commitment of traders report, compared with a 5,687-lot net long position two weeks before. The market shrugged off news that Canada sold another 160,000 ounces of gold, noting that sales that small wouldn't affect the market. Recent rumors that Romania would sell from its 3 million ounce reserve were also dismissed. Some traders said a pattern similar to gold was developing in silver, with a fresh influx of fund shorts amid a saturated market. The trend since the beginning of February, however, has been steadily downward. (Reuters 04:32 PM ET 04/07/99) For the full text story, see infobeat.com >>