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

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To: Sili Investor who wrote (4180)1/3/1999 6:51:00 PM
From: the Chief  Read Replies (2) of 37507
 
I don't think we can look at PE ratios for BII, UBID or any of these internet stocks at present.

I think its a valid comparator. PE's for Inut are out of sight but nevertheless they represent the companies present value based on income. It would be realistic to assume that if ebay reported a better than expected earnings in Q1 the share price would increase. So even though unrealistic it stil can be used as a yardstick...for the time being(IMO)

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....

I'm not familiar with the rules for NASDAQ so can't comment.

PS Kris also mentioned 50US, I believe

the Chief
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