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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Mr. Forthright who wrote (7171)1/24/1999 9:07:00 PM
From: Adamson  Read Replies (2) of 37507
 
To all (except F'right):

"...has made most of the necessary investments in infrastructure to process anticipated volume increases over the upcoming 12 months."

Also from Jan. 18/99 prospectus:

>>>The electronic retailing or "E-tailing" business of Bid.Com offers for sale a broad range of products, primarily national brand name goods under full warranty, usually at lower prices than comparable traditional retailers. By using interactive displays on the Internet as the distribution channel, Bid.Com eliminates the traditional retailing costs associated with sales staff, store level management, store rent and maintenance, fixtures, merchandising and inventory. Overhead costs of operation for Bid.Com are relatively fixed and following the expenditure of approximately $800,000 over the previous twelve months for hardware and software development, management believes that it has made most of the necessary investments in infrastructure to process anticipated volume increases over the upcoming 12 months. <<<
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