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

To: Cameron who wrote (20120)	4/14/1999 11:07:00 AM
From: Tiger USA	Read Replies (1) \| Respond to of 37507

Cameron, This is totally my opinion. But I think that funds that pick from stocks in the TSE 300, may have already bought BII. But funds that are labelled "Index" funds should not have bought yet, since technically BII is not in the index until Friday. If they are "truly" matching the index, they cannot be in the stock. John To Learn more about BID.COM: tiger-usa.com

To: Cameron who wrote (20120)	4/14/1999 11:43:00 AM
From: ysell	Read Replies (2) \| Respond to of 37507

I spoke with a friend at Gundy who does institutional trading. Its his view that most of the index funds would have purchased BII by now, but that there may be a little further buying required over the next few days. Apparently there are no rules on this, except that some funds are hesitant to start to accumulate shares the moment the announcement is made because there is always a risk that the company will not be included in the index. The extent of purchases and the speed at which they are accumulated varies from fund to fund. Crux: some funds will be required to increase their holdings, but a large percentage has probably already happened.