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


To: WhatsUpWithThat who wrote (21519)4/16/1999 2:51:00 PM
From: Raymond J. Steck  Read Replies (2) | Respond to of 37507
 
AMAZON announces that it will enter the Auction Arena! They are going to buyout LIVEBID.COM. What impact will this have on BID.COM? What is the market share for LIVEBID.COM? Any comments?
AMAZON was up 27 points on the announcement.



To: WhatsUpWithThat who wrote (21519)4/16/1999 2:53:00 PM
From: Muwamba  Read Replies (2) | Respond to of 37507
 
The Financial Relations Board is starting to spread the word to KEY people, but not in any real force. Because of the difficulty of trading this security from the US without being on NASDAQ, it doesn't really make sense to spend time/money on the subject of a stock that nobody can find, creating an instant negative reaction to the name.
however, once listed, the stock should have a slow momentum the first say 2 days, or rounding off a week.
After the first Weekend of listing, once some can do their DD and the "advertising" hits home, the market will explode..
CNBC will cover heavily, and we know what that does.
Also creating "competition" to AMAZON's web site for Auctioning.

P.S> I think the best thing for this stock was for AMAZON to put up an auction site... this will verify the legitimacy of our company to the "book worms", and give an availability for people to purchase a similar site for that once so awesome price....
think about it..
Whats amazon at like 190 or something? the last rise do mainly to auction site... now we come in at 25US and gee, thats not so bad, I can sell 10 shares of AMAZON, and own 40 shares of BIDS...
I takes me a split and price of about 380 to double my money, as oppsed to 50US to double in BIDS, all with 10 shares..
Itll be a wonder if they ALL dont do it..
MU
(and the mutt)
(with a mouthfull)