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

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To: pud* who wrote (5723)1/12/1999 11:08:00 PM
From: R.E.B.  Read Replies (1) of 37507
 
Problem as I see it, there was so much hype over the earnings that the analysts average of $.16 was actually raised on expectations that it would be exceeded. Some were saying $.43 OR MORE. Whisper numbers then came in at $.20 - $.23 per share. When the news came in at $.21 it was viewed as neutral instead of beating the $.16 estimate. The conference call touting the revenue growth and the growth of subscribers and future revenue expectations should re-kindle the enthusiasm of internet investors........ this remains to be seen.
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