Doug, my most learned scholar, what is your theory for YAHOO, AMAZON, EBAY, etc. Are they all pump and dump? Look, many companies will play the internet game, and many will lose. Bid.com could be one of them.
But the winners will be HUGE SOLID companies which keep expanding into new areas, and have a WORLDWIDE maket to tap into.
Not every mom and pop delivery service turns into Federal Express. Nevertheless, Federal Expresses and Wal Marts of the Internet are being developed right now, the biggest of which will command market caps in the TENS OF BILLIONS.
So people are just making their bets now, there is no downside risk at the moment, it will take some time until we see who the eventual winners will be. Until that time, BID.COM has a LONG WAY TO GO TO THE UPSIDE.
O. |