Bid.com International (BIDS) Message Board

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

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To: Denise D who wrote (9105)	2/8/1999 11:59:00 AM
From: waldo	Read Replies (3) of 37507

>>Bid.com "Hi Steve, yet another question from Amsterdam. This time I would like your opinion about TSE stock Bid.com. There is a message on their home page telling they are working agressively towards a Nasdaq listing. Price sales is slightly above 2. If they go to the Nasdaq that could rise to 3/5 times sales. Are they any match for Ebay?" Reply: Having just returned from Toronto and Canada Internet World where we discussed Bid.com I think a NASDAQ listing could help raise its awareness in the U.S. But we don't think simply listing on NASDAQ will make Bid.com a match for eBay (NASDAQ:EBAY - news) . No more than all the search engine stocks being on NASDAQ made them a match for Yahoo (NASDAQ:YHOO - news) . Competing happens in the marketplace and not on the stock exchange per se, although we do believe that many Canadian Internet stocks simply don't command as much valuation.<< Morning Report Mon Feb 08 eMailbag Monday: AltaVista, Broadcom, Excite, Web Brokers By Steve Harmon Senior Investment Analyst fnews.yahoo.com W

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