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

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To: re3 who wrote (35356)9/18/1999 8:12:00 AM
From: RG  Read Replies (3) of 37507
 
ike,
The cash is for acquisitions as per Godin/Lymburner/Bewsh. Expansion into Europe/Austrailia is well timed before explosion of the Internet in these areas. IMO the management is very aggressive. I see every reason to believe that the stock price will be much higher at the end of Q4 and beyond. I am long Bids with profit from previous buys/sales of this stock, but will reassess this stock at the end of each quarter as I do with any other stocks. In the true sense of the word, I am not a long term holder of any stock.
At least I am honest about my position. That's more than I can say about Gonorth.
RG
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