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

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To: the Chief who wrote (4174)1/3/1999 6:38:00 PM
From: Sili Investor  Read Replies (1) of 37507
 
>>>Don't get me wrong I enjoy "pie in the sky" stuff. But what would make people believe 35-50US??<<<

Chief, my prediction of $10US low side and $50US high side is based on UBID's current market valuation. I don't think we can look at PE ratios for BII, UBID or any of these internet stocks at present.

I'm wondering about the NASDAQ listing. Must the share trade over $7.50 Cdn for 30 days before they get listed and then another 30 days before they actually begin trading, the result being a 60 day window? Or could they begin trading within days of the 30 days above $7.50 Cdn? If its the latter, my belief is that they will trade on Nasdaq before end of February.
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