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

To: Michael Block who wrote (26082)	4/26/1999 12:41:00 PM
From: BlueChip	Read Replies (2) \| Respond to of 37507

THIS MIGHT BE THE ONE!! Globe says Bid.Com chairman beefs up protection as stock sinks Bid.Com International Inc BII Shares issued 38,963,434 1999-04-23 close $14.5 Monday Apr 26 1999 The Globe and Mail reports in its Saturday, April 24, edition that Paul Godin, Bid.Com International's chairman and chief executive officer, has been forced to hire a security firm after receiving threats. The Globe's Mark Evans writes that the need for protection comes in the wake of the sharp decline of Bid.Com's stock last week. Bid.Com stock fell on its Nasdaq Stock Market debut Tuesday and the decline gained momentum a day later when the company's underwriter, Yorkton Securities, downgraded its shares. The fervour surrounding Bid.Com reflects the dark side of Internet-mania that few investors seem to realize or care about: The reality that these stocks can tumble as fast as they rocket forward. In the eye of the storm is a research report written by Yorkton analyst Mark Pavan. Yorkton helped Bid.Com raise almost $30-million through three private placements. Mr. Pavan shocked the market by downgrading Bid.Com to an "underperform" from a "speculative buy." It was a rare move by an analyst whose firm is the underwriter, says The Globe. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com