" What does BID.COM have to do (what changes, what type of expansion) to hit US$100.00/share (Cdn$152.00/share), in TWO (2) YEARS TIME, (8 Internet Years {3 months " .....find a cure for Cancer or Aids . Do $600 Million in gross(13 x sales BII current ) or 1 Billion (8x sales UBID current), triple its current profit margin, or consolidate its stock 30 to 1. I think the latter the most likely attainable.
Seriously though why is it you , Waldo , CHIEF and several others can't seem to get past stock price on BII . When given relative , read RELATIVE valuations on U.S. comparisons to BII that you make, you just dismiss and name some other U.S. high flyer. Earlier you suggested UBid to BII after dismissing my relative analysis to AMZN. Another poster pointed out to you that BII 13x sales vs. UBID 8x sales actually is currently 50% higher priced. Then on you go to EBAY ,I might note as well BII is doing business primarily in a Country not embracing net shopping like the crime ridden US. read Canada net shopping not growing as rapidly.. Lets face it as well , it is still primarily affluent buyers buying on line. The real test is how companies handle the after sale to this discerning buyer . Returns , delivery mistakes, billing errors, in other words customer service. Forget Europe in the near term ,as the analyst say net buying is slow to catch on everywhere except in the U.S. at present. |
