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

To: GoNorth who wrote (31738)	6/2/1999 12:50:00 PM
From: hsg	Read Replies (1) \| Respond to of 37507

initial hype is over, and the stock will make or break it on fundamentals (growth of sales, new marketing alliances, outlook for profits). a lot of the daytrading $ has moved out (at least for now) of a lot of the internet stocks. look at Dell/Amazon ect. A lot of these stocks are more than 50% below their highs (Bii is much further below it's highs). All of this promotion and hyping of the share price above fundamental value levels is coming home to roost. I went to bii's web site again last night, and almost bought something, so I do think there is a viable business here, but I would still tread with catiously and look to add to my position at price levels lower than where it is currently trading. A lot of these hypsters were telling investors to BUY when the price was well above $30...I am saying, buy low.