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

To: Boolish who wrote (17529)	4/8/1999 3:14:00 AM
From: The Saint	Read Replies (2) \| Respond to of 37507

Berlin Trading last c$27.31 Rate: 1 CAD is equal to 1.21034 DEM Last Trade 27.31 CAD Change 3.87 CAD Volume 2820 Day's Range 27.15 - 27.31 CAD Prev Close 23.43 CAD Market Berlin

To: Boolish who wrote (17529)	4/8/1999 5:21:00 AM
From: Gordon Gekko	Read Replies (3) \| Respond to of 37507

Does anyone know for sure that individual investors won't be able to trade their TSE shares on the NASDAQ once that listing starts? If they can't then I suspect it may work in our favor. Here is why. Is there any doubt that the Nasdaq and the U.S. investors will take the lead in the future direction of BII (good and bad)? I think it is a fairly reasonable bet that they will. If the above is correct then will it really matter what the trading pattern and volume is on the TSE? The prices on the TSE would have to be consistent with NASDAQ because of a possible arbitrage situation. If a lot of Canadians want to sell their shares how will it flow over to the NASDAQ if the shareholders can't directly trade there? The only possible problem I see with my scenario is if the market makers are the same on both exchanges. This would allow them to freely shift shares around which would effect the prices on both exchanges. Can anyone shed some further light on this? GG