Bid.com International (BIDS) Message Board

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

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To: waldo who wrote (1712)	11/26/1998 12:42:00 PM
From: Chad Barrett	Read Replies (2) of 37507

<< Chad, crazy times hey? >> Oh yes! Crazy times indeed! I actually thought that I would be able to load up on shares today because of the Americans being on holiday... I figured BII would drift a bit... I was ready to grab a boatload around $2.70.. oh well! Up she goes.... I still think it would be better for BII to not concentrate on turning a profit right now. If they make a small profit on revenues of say, 50 million - but the large US internet companies are losing money on revenues of 200++ million but spending tons of advertising... which would you rather invest in? I'll take the company with revenues of 200++ million, knowing full well that if they cut back the advertising, they too would be profitable... .... I do like BII though.... I just question if they are pursuing the right approach right now? It probably is the best approach for a TSE listed (Canadian) company... but once we hit NASDAQ.... I would change the gameplan!! Chad

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