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

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To: merle_hanson who wrote (2669)12/2/1998 2:58:00 AM
From: merle_hanson  Read Replies (3) of 37507
 
UPDATE - Approx 225 US Auction items - current... 85 Canadian

Again, I looked at the site... Not much for items, a ton of beanie babies and some sports cards for about $15 (US) each....
Approximately 225 US items - 85 Canadian items... current..

Where is the revenue to come from.... They are proposing $50 million (my understanding from posts??)... I arbitrarily calculate... Canadian and US auction items per week revenue to be... around $1 - $2 million per year... not including expenses...

I hear they are offering software solutions... To who... other auction houses that do not need them, but probably have better systems... If you look closely... You can see, that other auction houses show, (15) Crock Pot Cookers - for auction... Bid.com... Does not differentiate this... But list them repetively... So I assume... each listing is for (1) Crock Pot Cooker - ($25.00 CDN)

Revenue again please????

Full Disclosure... (I'd like to see others do the same!)
I'm in BII for about $2 thousand (CDN)...

Previous below...
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Only 85 Auction Items?? Not to be condescending....

Have a good look at bid.com's web site...
bid.com

There are 85 current items for auction (Canadian side). Seems to be a lot of Crock
Pot Slow Cookers??? Also Cigar humidifiers....

Again... Someone please tell me where the revenue is suppose to come from????

Disclosure... (I'd like to see others do the same!)
I'm in BII for about $2 thousand (CDN)...
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