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Technology Stocks : Bid.Com International Inc. [NASDAQ: BIDS] -- Ignore unavailable to you. Want to Upgrade?


To: skelly who wrote (26)4/25/1999 11:09:00 AM
From: Dave Kiernan  Respond to of 339
 
*BIDS Nasdaq as of 4/20/99

BID.COM International Inc. (BII 14 at March 31,1999)
Bid.Com is an online auction with a difference. Its uniqueness revolves around it recently
patented Dutch Auction. This first, and only of its kind, auction allows visitors to bid
on a live basis. Bidding starts on quantities of inventory at indicated prices. As bidding
progresses and as the inventory is depleted, prices decline. If you wait and try to get
the best price the inventory just might be gone. The excitement generated is unparalleled
and spending money has never been more enjoyable. The site is definitely worth a visit
(www.bid.com). Here are a few other things you should know. The company is incorporated
in Canada and presently trades on the Toronto Stock Exchange in Canadian dollars, which
might present difficulty in buying this stock. Good news however, BID.COM applied to the
NASDAQ for listing on February 16, 1999. The process generally takes 45 to 60 days for
approval and this listing when completed (scheduled for some time in April) should be
stimulating for the stock. On March 10, 1999 BID.COM reported earnings for the fourth
quarter ended December 31, 1998. Revenues in the fourth quarter
climbed 600% to CAN$6.4 million. WOW!
The company ranks among the top 6 auction sites and presently they report unique monthly
visits of 3/4 million and climbing. This could be the pick of the litter. Best to buy a
small stake before it's listed.
Initial recommendation 3-31-99 at 14

theinternetnewsletter.com



To: skelly who wrote (26)4/25/1999 3:32:00 PM
From: Dave Kiernan  Read Replies (2) | Respond to of 339
 
The Royal Bank of Canada, one of the country's largest banks, has invested in Bid.Com International, BIDS:NASDAQ BII:TSE.

" RBCC has a preference for those with well-developed products, core management teams, world class technologies and rapidly growing revenues"

royalbank.com



To: skelly who wrote (26)4/25/1999 3:52:00 PM
From: Dave Kiernan  Read Replies (1) | Respond to of 339
 
Looks like they not only teach it, they DO IT!

Georgetown University School of Business
Management 681: Electronic Commerce, FALL 1998
Dr. William K. McHenry, 304 Old North

INTERNET LIQUIDATORS - For this class we will have a member of the board, Duncan Copeland, who is one of the founders mentioned in the case. He is a an I/S professor and Internet entrepreneur and will be able to tell us all sorts of interesting things about Internet Liquidators and its metamorphosis into Bid.Com. For this case you should prepare the case in a fairly typical manner, working from the situation given in the case.

Bid.Com
BIDS: NASDAQ
BII: TSE

gsb.georgetown.edu