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YAHOO! RELATED
NEWS STORIES |
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| ZACKS INVESTMENT REPORT |
| ACUBID
HOME PAGE |
| SEARCH NORTHERN LIGHT FOR EBID |
| CLEARSTATION
TECHNICAL CHART |
| RAGING
BULL MESSAGE BOARDS |
| THIS SECURITY HAS BEEN
RETIRED FROM WS! |
The Analysis!! |
| ORIGINAL
COVERAGE DATE / PRICE: |
July 13, 1999
/ $4.75 |
| UPDATE/PRICE: |
n/a |
| SECTOR |
INTERNET |
| SHARES
OUTSTANDING: |
~4,000,000
Unconfirmed |
| SHARES IN
PUBLIC FLOAT: |
~3,700,000
Unconfirmed |
| NUMBER OF
EMPLOYEES: |
? |
Description |
Acubid.com,
Inc. (EBID - OTC BB), is a newly established, San Diego based, live Internet Auction
House, specializing in the sale of high-end collectibles. AcuBid's business objective is
to develop a premier Website for high end Internet collectible trading. The Company will
maintain an inventory of rare (coins and stamps, fine wines, art, classic automobiles, and
sports memorabilia.) and hard to find items which it will auction off to the public. In
addition, the Company intends to act as a broker to provide a venue for sellers and
dealers to display their collectibles to potential purchasers throughout the world via the
Internet. The stock has been trading incredibly well in
recent weeks and has momentum that triggered a positive indication on the MACD indicator
(for you tech traders).
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Current Situation |
Their
philosophy is to focus on certain "niche" groups, such as collectibles and
sports memorabilia, then limit the number of categories and items within a category to
create an auction site that easily leads the users to the items they are looking for. A
few of their distinct differences:
· Will sell company owned merchandise as well as that of others.
· Will not sell items under $50.
· Will offer financing for the "big ticket" items.
· Have retained people like NFL Legend Gale Sayers to sell his private
collection.
· Are creating an advisory board consisting of world-renowned athletes.
EBID has recently completed One Million Dollars in financing to use for
the development of the website and growth of the company. They has also created Version
1.0 Beta of the AcuBid.com Auction Alert program that allows users for the first time to simultaneously
monitor multiple auctions from multiple websites while on the Internet. Now
auctions on Ebay (Nasdaq: EBAY), Yahoo (Nasdaq: YHOO), Amazon (Nasdaq: AMZN) and
AcuBid.com (OTC:BB EBID) can be monitored in real-time from one
location
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Outlook |
July
19,1999- The Company will conduct a series of MOCK auctions to allow the public to become
familiar with the site and its procedures. THERE WILL BE NO LIVE AUCTIONS CONDUCTED AT
THIS TIME. The site will however be available for live registrations at this time. July
26, 1999- This will be the first opportunity to list real items for sale at the live
auction launch date.
August 2, 1999- LIVE AUCTION LAUNCH DATE AND GRAND OPENING
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Company Contacts |
Investor
Relations:Mr. Norman Schwartz, 1947 Camino Vida Roble
#102 Carlsbad, CA 92008 Phone (760) 804-0023
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Disclaimer |
WrightStock is not a Registered Investment Advisor or a Broker / Dealer.
This profile was compiled from information provided by AcuBid's (the "Company"),
website and Company Press Releases. Readers are advised that this information is issued
solely for information purposes and is not to be construed as an offer to sell or the
solicitation of an offer to buy. The opinions and analysis included herein are based on
sources believed to be reliable and in good faith but no representation or warranty,
expressed or implied, is made as to their accuracy, completeness or correctness. This
information is not intended to be used as the sole basis of any investment decisions, nor
should it be construed as advice designed to meet the investment needs of any particular
investor. The foregoing discussion contains forward-looking statements which are based on
current expectations and differences can be expected. The information contained herein is
for information purposes only; in addition, the information contained in this report is
not intended to be a complete discussion of information regarding some of the current
and/or intended business activities of the Company. Readers
are urged to consult with independent financial advisors with respect to an investment in
the shares mentioned herein. Investors should review a complete information package on
AcuBid which should include, but not be limited to, the Company's annual report, quarterly
report, press releases, as well as all regulatory filings where applicable.
All information contained in this report should be independently
verified with the Company mentioned herein. Any opinions expressed in this report are
statements of judgment as of the date of publication and are subject to change without
further notice, and may not necessarily be reprinted in future publications or elsewhere.
Neither WrightStock nor its officers, directors, partners or employees/consultants accept
any liability whatsoever for any direct or consequential loss arising from any use of this
report or its contents.
In order to be in full compliance with the Securities
Act of 1933, Section 17(b), WrightStock advises the readers of this document that it
has received no compensation of any form for its efforts in researching, writing,
presenting and disseminating the information contained herein.
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