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


To: SwampDogg who wrote (24285)4/22/1999 12:58:00 PM
From: Curious Gamble  Respond to of 37507
 
Now there is where you would see the value of the FRB support



To: SwampDogg who wrote (24285)4/22/1999 1:03:00 PM
From: mccowaner  Read Replies (3) | Respond to of 37507
 
Here's a thought... since Canadian analysts don't think this stock is worth much and since so many sold off just prior to and after the Nas opening and since BIDS does an overwhelming higher percentage of business in the US, why should this company remain in Canada and continue trading on the TSE ??

I belive Godin mentioned that he will remain in Canada because of the exchange rate, but since the stock has plunged so much because of negativity in Canada and negative analyst reports appearing on US news releases, maybe it would be beneficial in the long run to get out of Canada and set up in the Florida offices. Any comments ??



To: SwampDogg who wrote (24285)4/22/1999 1:20:00 PM
From: donkeyman  Read Replies (2) | Respond to of 37507
 
--The ONSALE PRICE SWING FROM LOW TO HIGH OF CDN.$94.00/SHARE ON DAY 11 OF THEIR NASDAQ DEBUT - WHAT DID THEY ANNOUNCE TO CAUSE SUCH A SWING? (1) Did they report a major improvement in their business to consumer internet auction model (2) did they report a new business model i.e. business to business, (3) did they announce they will operate the first live internet auction (4) or was it they were about to operate a major auction in Europe (5) did they announce they have lots of cash in the bank. What did ONSALE announce to cause such a swing? It couldn't have been good revenue or profits they were only 11 days on the Nasdaq. Do you think it would be possible to see Bid.com not take a Cdn$94.00/share jump like ONSALE, but let's say a $20.00/share jump somewhere down the road?