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To: Steve Johnston who wrote (280)	4/24/1999 5:17:00 PM
From: Tim Cruise	Read Replies (1) \| Respond to of 394

If any of those "suckers" are still holding Bid.com from the way up, then they've got a lot more than they ever dreamed. That stock will never see the 2-3 Cdn target that you refer to. Tim

To: Steve Johnston who wrote (280)	4/24/1999 5:46:00 PM
From: bob bundy	Read Replies (1) \| Respond to of 394

Bid.com got way ahead of itself due to the Nasdaq listing. Arbitragers in the U.S. went short and that coincided with a U.S. analyst also making a comment about its value. The stocks decline was already well on its way before Pavan's report was made. How often do analysts come out and recommend a sell or downgrade their forecasts when they are the financial agent or have a chance at future underwriting fees? NOT OFTEN. What happens when they don't? Shareholders continue to believe and get left holding the bag. Good for Pavan. He is providing the market with his opinion which is what he is suppose to do.