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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: John BOYCE who wrote (592)7/28/1998 7:01:00 AM
From: NorthWolf   of 37507
 
John thanks for a breath of (positive) fresh air. But can you or any of us explain the "internet mania" ? Most of these companies lose money, most of their stocks go up ? Is this the investing model for the next century ?

To the nasty folk who responded to my original post I can only say, EXCUSE ME !

Us uninformed, non-believers shouldn't dare ask those omnipotent all knowing lords of BII to explain themselves. Its like questioning the existence of God, judging by the reactions of Inge and Cush (Here are a couple of people who probably paid $3.90 in October).

Cush - I admit it - I do have time on my hands. I work flexible hours and I have the luxury of being able to pick and chose when and where I work. I'll also admit an even darker secret to you. I am interested in owning BII - so far, on an emotional level only.

Inge, your comments were so positive and inspiring that I almost took them seriously. But if you stop and think about it for just one minute in your pompous, hardworking, busy day - you might realize that logging on to a discussion group might form part of an investors due diligence.

Back to John. yes the technical angles look good and I agree the downside appears to be low. The projected revenue number is attainable and the site is busy, but what of the company ? I've read the annual report and I don't get a true sense that they even have a vague idea of where they want to go.

No one has answered my initial questions regarding costs of goods etc.. So I'm left wondering if anyone else really knows where they are going.

Thanks to you for your positive and constructive dialogue. Its good to know that when you log on to a discussion group and ask some basic questions that someone will treat them seriously.

As for the rest of you, bring on the Whips (and chains).
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