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

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To: the Chief who wrote (2179)11/29/1998 1:19:00 AM
From: Ruyi  Read Replies (1) of 37507
 
Chief my relative reference was to other internet companies relative to sales not profits as none(profits) exist.Here are a few other examples America Online (NYSE:AOL) is bigger than more than a third of the companies in the Dow 30. The market value of AOL is greater than the value of Goodyear Tire & Rubber Co. (NYSE:), International Paper Co. (NYSE:IP ), J.P. Morgan & Co. (NYSE:JPM) and Union Carbide Corp.(NYSE:UK ) COMBINED.

Cisco (NASDAQ:CSCO) at $120 billion is worth more than Ford (NYSE:F) and GM (NYSE:GM) COMBINED.

Yahoo (NASDAQ:YHOO) at $21 billion is worth more than Sears (NYSE:S) at $19 billion. Annualized sales for Yahoo are $210 million vs. $4 billion for Sears.

Earthlink (NASDAQ:ELNK ) is worth more than Bethlehem Steel. $1.6 billion to $1.1 billion. Just a little something to think about.Projections world wide for next year are 1% of all consumer purchases will be made on the web.A good start but??
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