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

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To: AL who wrote (3591)12/15/1998 9:50:00 PM
From: F. Evans  Read Replies (1) of 37507
 
Al, I read your post to Spark with interest but I too was sitting on the sidelines after I sold some stock. I have been buying back slowly though here in the low to mid $2 range because fundamentally, I like this company. The all important "cash flow" problem is being aided by their licensing agreements and the upcoming cable deal. Already, with that cash flow, they are forging ahead of their competition. I too think it flew too fast but it looks to be finding it's niche quite nicely. What I do like though is that when it snaps it goes hard. Unfortunately, it snaps back just as fast. However, I feel confident that the trading range of the past couple of sessions is where it's base lies. Hey, we all saw visions of $30.00.....not yet though however in the mid term, this current range is going to be looked at as a steal.

Long and loving it.....
Frank
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