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NEW STOCK PICK - Bidhit.com: Trading symbol-BHIT
- Subject: NEW STOCK PICK - Bidhit.com: Trading symbol-BHIT
- From: <pressrelease at stockinfo dot com>
- Date: Do, 9 Dez 1999 12:44:49
Dear Subscriber,
NEW STOCK PICK - Bidhit.com: Trading symbol-BHIT
We previously brought you CDDD (C3D). In just 4 short months
since our analyst recommendation,
CDDD has brought you a HUGE 500% gain in stock price.
Now our analysts have found the next BIG-DEAL.
**************************************************************
BIDHIT.COM (BHIT) is a PROVEN Internet Auction Company growing
rapidly within the online Auction segment. The business is cash
rich, revenue producing, and lead by top management.The company
has just completed significant deals with more announcements
expected soon.
What really sets this Company apart from the competition is
that BIDHIT.COM has Interactive Marketing Inc. (IMI) as its
working partner. IMI not only created the blueprint strategy for
LYCOS, but also represented YAHOO in creating its initial
advertising and promotional strategies. IMI is positioned at the
forefront of interactive media and will prove to be an enormous
asset to BHIT.
According to Forrester Research, 52% of online business will be
transacted via auctions by 2002, and BIDHIT.COM is positioning
itself as THE innovative leader in the online auction
marketplace. BHIT has already grown its customer database to over
100,000 registered users and site traffic is climbing
exponentially. Page views grew over 160% from Quarter 2 to
Quarter 3 this year, culminating in over 2 million page views in
the month of September.
BIDHIT.COM now has concluded a number of significant
relationships with large networked organizations, this with more
to come has the potential to catapult the company to a much
higher level, positioning the company for substantial advantage
over the competition. To illustrate this potential, just look at
the market capitalization of other Internet auction companies:
UBID - $465 million; Onsale - $469 million; eBay - $18.875
billion! By
comparison, BHIT is still only capitalized at $53.0 million.
What could also launch the BIDHIT.COM stock price skywards is
the leading direction the company is taking in pursuing other
opportunities worldwide. The company is currently in discussions
to enter the explosive CHINESE marketplace and with some analysts
expecting that by 2005 the total number of Internet users in
CHINA could exceed that of the United States, the possibilities
for BHIT are simply massive.
BIDHIT.COM (OTC BB: BHIT) is now preparing to evolve into an
industry giant. At the current price of just $4.75, BHIT stock
offers an outstanding opportunity to get in NOW. The gap is
closed and the turn around is done. On technical basis
we see new highs. In the Middle of January this stock will rise
up to 12 - 15 $.
-Bidhit.com, Inc went public on June 1, 1999 and successfully
completed a financing on June 14, 1999, raising a total of US$3.0
Million dollars.
-Bidhit.com, Inc is a publicly listed US company on the Over the
Counter - Bulletin Board. -Stock Symbol (BHIT - OTC:BB)
Shares Outstanding: 11,188,750
Restricted Share: 6,000,000 (Approx.)
CUSIP Number: 008883R 20 4
www.bidhit.com
Technical Information: Take a look at this chart :
http://www3.stockgroup.com/bhitd/quotes-frame.html
THIS IS AN INFORMATION SOURCE ONLY, and is not an offer or
solicitation to buy or sell securities. The information contained
on this mail has been carefully compiled from sources believed to
be reliable, but its accuracy is not guaranteed. This is not a
solicitation to buy or sell securities and
does not purpose to give investment recommendations.
Please send an e-mail for further information:
mailto:bidhit_info@technologist.com