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

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To: Rich Investor who wrote (6406)1/18/1999 7:06:00 AM
From: Mike Perras  Read Replies (1) of 37507
 
Hi Kris:

1-) I'd rather BII build itself more slowly & be discovered by the US players. Than a wham bamm $7.00 stock then $100.00 stock & see it fall back to maybe never ever recover to higher levels. The slower climb is better IMO.

2-) Again no one really cares that BII is another auction, the fact is we are not investing into blue chip stocks that we expect to pass on to our kids. BII has the right model for what it is & with the high volume we know many players are from the US & they are thinking the same thing .. internet play = high flyer. If BII never gets to be a $100.00 stock but pops to 30 & stayed there, I for one would be more than happy.

3-) Let's take our emotion out of the play.

4-) If it's a net play it's a net play .. auction or otherwise. People are still playing YAHOO everyday & there are over 400 search engines .. it's what's in play, not the player. BII is gaining steam & will have it's day.

5-) Remember BII has some strong partners.

Mike
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