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

To: Sili Investor who wrote (17686)	4/8/1999 12:28:00 PM
From: Cameron	Respond to of 37507

Yes.. but they're already trading in the low end of their recent price range - based on when BII was at $6.00ish. The $43mm is based on the current share price and would probably represent $.30 per share. If BII does climb to say $50, on the NAS listing and/or more takeover rumours, we're talking about a $.60 per share windfall. I figure based on recent trends and the BII thing there's probably $2.00 per share up for grabs on a very short term basis. So, like I said, if you're nervous of BII at $31-$32, RCI might represent a way to get in on some of the action with minimal downside risk. Just a thought.