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

To: bigdude who wrote (30112)	5/6/1999 9:37:00 PM
From: GoNorth	Read Replies (1) \| Respond to of 37507

bigdude, you're a very smart man. Too bad what you say will fall on the deaf ears of the BII faithful. I particularly like your realistic summary of what's really going on. >>When internet stocks stop going up on good news, you'll feel the momentum being sucked out of them... too many new issues, too many stocks, not enough dollars chasing them, too many analysts asking pesky questions based on fundamentals, too many insiders bailing out, too many joint venture partners selling.

To: bigdude who wrote (30112)	5/6/1999 9:47:00 PM
From: c.r. earle	Respond to of 37507

bigdude, Thankyou for the prompt reply and forthright comments. I think what we are seeing now is the correction in the tech and internet sectors that a number of analysts had been calling. I think many will live to new highs in the future. I agree with you comment of too little money chasing too many stocks, but are we there yet? It would seem that the largest capitalized stocks in the internet sector are a result of too much money chasing too few stocks. Are there any stocks that you are fond of presently, either long or short. If you prefer you can send a private e-mail. Again my thanks