Bid.com International (BIDS) Message Board

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

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To: twentyfirstcenturyfox who wrote (638)	7/30/1998 11:19:00 AM
From: Sidi Mohamed	Read Replies (2) of 37507

For those thinking that bii is a Dog: Let's take a look at Internet stocks! And to be short, I will just compare Bii and Yahoo. For the first six month of this year, yahoo report 31 and 40 millions $ revenues. You can check that everywhere. So Suppose that Yahoo will make an annual revenues of 200M$ and that the stock is sold at 200$. this show that US market pay 1$ for every revenues of 1M$. But Bii is expected to make 30Mcdn this year. if they was in nasdaq they will worth 30$cdn. But bii is not yahoo, and even canadian investors are not US ones. So suppose a discount of 67%. this means that Bii worth at least 10$cdn. YES! just a matter of time. I make also the comparison with amazon and the stock also is paid 1$ for 1M$ revenues. this seems to be the norm. Please if I make mistake some where in my calculus, please correct me. P.S. I'm not trying to dump this stock, just I want to share some ideas with you. and I'm be wrong.

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