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

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To: Ruyi who wrote (4879)1/8/1999 12:26:00 AM
From: TRIIBoy  Read Replies (3) of 37507
 
I really don't know what Crack you are smoking cause UBID does not trade for 8 times sales. And I'm talking REAL SALES. They will be lucky to have $33 million in sales in fiscal 1998, and with a market cap over $1 billion, that gives them a price to sales of over 30 times sales. Now on the other hand Bid.Com is likely to do $30 million in sales this year too and on 52 million shares the price to sales works out to 9 bucko!

So use straight facts jack. UBID has at least 30 times price to sales, yet Bid.Com has 9. Bid.Com would have to go up 67% just to trade at a 50% discount to UBID.
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