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

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To: Ruyi who wrote (5086)1/10/1999 5:50:00 PM
From: Sili Investor   of 37507
 
>>> "Bid.COM got lot's of Cash$$," how do you figure that .They have been losing tons of cash . Insiders hold only 10% of 52 mill. of the fully diluted shares , with cheap options outstanding. $8 mill. advertising commitment alone to AOL. DO you think it's possible that you could do one thoughtful,factual analysis on BII . Doubtful !!<<<<

Doug, Doug, Doug:

You got it wrong again. Always mixing 10% fact with 90% garbage. Read the latest financial statement, oh yea, that's right you don't know how to read one. Well, let me fill you in.

Net cash position at end of third quarter: $8,978,169

As well, they have gone through financing in November to add to their "kitty". Financing gave them proceeds of $10,701,222. It's in the Prospectus they filed on Dec. 9, 1998. Bet you you never read it, did ya! Not surprising!

Doug, you don't do your DD. You don't want to. You just want to knock this stock, probably a shorter. You must be losing your shirt (not to mention your shorts!).

P.S. Do you think it's possible that you could do one thoughtful, factual analysis on BII ! You said it but you're the one who doesn't research!

P.S. Better cover your shorts Monday!
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