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

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To: the Chief who wrote (4181)1/3/1999 9:49:00 PM
From: donkeyman  Read Replies (1) of 37507
 
Chief, If the US$13 billion Internet E-Commerce sales of 1998 in the USA hits 1 Trillion by the year 2003 like the pros say, E-Commerce sales will have increased in 4 years time 77 times what it was in 1998.!! With 67,000 new people coming on the Internet every day I can see it.!! You said if BID.COM was valued at US$50.00/sh. they would have a prediction multiple on gross sales 112 times their gross earnings of $20,000,000. In the meantime did you say EBAY has a multiple on gross sales of 1600, that's one hell of alot more than BII, that means if BID.COM had a prediction multiple on gross sales of 1600 as does EBAY, BID.COM share value would be what today.???? US$_________/share????. Lets hope BID.COM get's 1/2 as lucky as EBAY did.!!!!
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