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


To: SirVinny who wrote (23122)4/20/1999 3:27:00 PM
From: Sean Rieber  Read Replies (1) | Respond to of 37507
 
I thought 13 13/16 was a good buy. I am out if this thing hits 12. I am afraid those who think it will hit single digits may be correct.



To: SirVinny who wrote (23122)4/20/1999 3:33:00 PM
From: GoNorth  Respond to of 37507
 
SirVinny, I see where your condition hasn't improved. Lets give it another 24 hours and if no improvement we'll have to subscribe something more serious. OK?
PS: I've interest in making money.

>>if you have no interest in this stock, why do you linger???



To: SirVinny who wrote (23122)4/20/1999 4:23:00 PM
From: SirVinny  Respond to of 37507
 
cbs.marketwatch.com

Toronto firm eyes possible broker coverage

By Steve Gelsi, CBS MarketWatch
Last Update: 1:11 PM ET Apr 20, 1999
Internet stocks
MarketWatch's Internet headlines

NEW YORK (CBS.MW) -- Nasdaq neophyte Bid.com sated the appetites of U.S. investors
hungry for fresh Net stocks as the company traded on volume of nearly five million shares.

Bid.com President Jeff Lymburner said about 30 institutional buyers apparently took part in
the debut Tuesday.

Bid.com (bids: news, msgs)changed hands as high as 17 early in
the day and was last trading at 13 3/4 on volume of about 4.7
million shares. The stock opened trading at 16 5/8.

The stock had been listed for about two years on the Toronto
stock exchange where it closed at approximately $16.30 ($24.25
Canadian) Monday.

"There are a lot of people paying attention," Lymburner told
CBS.MarketWatch.com.

The institutional participation in the listing may signal analyst
coverage of the company in the future.

It got the OK for a Nasdaq listing on Monday.

Bid.com shares will continue to trade under the symbol "BII" in
Toronto.

Auction variation

Lymburner said his company's business model is different from
the growing plate of online auction sites.

Bid.com auctions off warranty-backed merchandise from
manufacturers.

By contrast, EBay (ebay: news, msgs) sells items sold by
individuals.

Although it's based in Canada, about 90 percent of the online
auction company's $20 million in 1998 revenue came from the
United States, a company spokeswoman said.

The company is projecting $50 million in revenue this year.