Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (6799)	6/2/1999 11:19:00 AM
From: Jim B	Respond to of 108040

even NITE himself is buying ARET now at .123 ; hopefully that is a sign of good things to come jim ps.. you bought my STRU shares it looks like.. i just couldn't risk it falling further.

To: Kimberly Lee who wrote (6799)	6/2/1999 11:37:00 AM
From: Craig K	Read Replies (1) \| Respond to of 108040

I think I am going to take a position in this one... BHITD June 02, 1999 11:01 Publicly Held Bidhit.com Inc. Acquires Privately Held Bidhit.com Inc. Jump to first matched term SEATTLE--(BUSINESS WIRE)--June 2, 1999--Bidhit.com Inc.(OTC BB:BHIT), a publicly traded Nevada corporation has acquired 100 percent of the outstanding shares of Bidhit.com Inc., a privately held Washington corporation, formerly known as Interactive Auction Online. As a result of the transaction Bidhit.com will have 10,588,750 shares outstanding. Bidhit.com is a fully developed real time online auction site. The Company currently specializes in the auctioning of name brand consumer electronics from manufacturers to consumers. Bidhit has been conducting online auctions for the past 18 months and has developed a database in excess of 100,000 registered users. Timothy J. Black, President and CEO of Bidhit.com, states, "We have a proven and profitable track record. In our view, we have developed the most sophisticated process transaction capabilities in a secure and customer friendly environment available online today. We understand what it takes to be successful in the online auction sector and believe we have developed a business model to achieve that success." A 1998 study from Forrester Research of Cambridge Massachusetts stated, "...the business to consumer auction market in the U.S. will soar from $1.4 billion in 1998 to $19 billion in 2003 while the business-to-business auction market from $7.7 billion in 1998 to $56.2 billion in 2002." The success of online auction sites such as eBay Inc. (Nasdaq:EBAY), uBid Inc. (Nasdaq:UBID), Onsale Inc. (Nasdaq:ONSL) and Bid.Com International (Nasdaq:BIDS), has been well documented. Bidhit will be focused on growing its online auction presence in attracting and sharing the enormous audience for online auctions. For the Board of Directors, Timothy J. Black, President and CEO, Bidhit.com Inc. "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risks and uncertainties, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission Craig