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Gold/Mining/Energy : KAISER' PICKS AND FAX ALERTS, ***(JOHN KAISER) -- Ignore unavailable to you. Want to Upgrade?


To: .Trev who wrote (167)6/1/1999 3:16:00 PM
From: kidl  Read Replies (1) | Respond to of 311
 
Kaiser says Bid.Com part of ‘the new Voisey's Bay'
Bid.Com International Inc BII
Shares issued 38,963,434 May 31 close $13.90
Tue 1 Jun 99 In the News
John Kaiser, writing in the May 26 Bottom-Fishing Report, says Bid.Com International's meteoric rise to stardom placed Canadian Internet stocks on the radar screen of both U.S. and Canadian investors. To date, Mr. Kaiser has not had much to say about the Internet stock phenomenon which, he says, caught hold in Canada during April when Bid.Com seized the market's attention. The stock ran from 60 cents in October 1998 to over $30 in April 1999. His annual list of 100 bottom-fish recommendations contain no Internet companies. Mr. Kaiser says the structural similarities between mineral and Internet plays prompted a wave of announcements by resource juniors that they were branching into the Internet sector; investors reacted enthusiastically. It meant that for Canadian promoters, brokers, investors and letter writers, salvation would not come in the form of another Voisey's Bay discovery or a rocketing gold price, Mr. Kaiser writes. “It was coming in the form of the Internet, an inventor's paradise of the sort not seen since the Industrial Revolution.”
© Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com