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

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To: Muwamba who wrote (9316)2/10/1999 9:22:00 AM
From: JAS  Read Replies (1) of 37507
 
Pre open price reflecting..

Post says Bid.Com makes Taurus bearish

Bid.Com International Inc BII
Shares issued 21,023,000 Feb 9 close $6.30
Wed 10 Feb 99 In the News
The Financial Post reports in its Wednesday edition that Bid.Com
International is a top sell pick of David Dvorchik and Adam Adamou of
Taurus Capital Markets. Buy and Sell columnist Sonita Horvitch notes the
stock, recently $7, has a 52-week range of $9.90 to 56 cents. Mr. Adamou
says that Bid.Com is generating small gross margins on its sales, relative
to other listed auction companies. He says Bid.Com is trading at a premium
stock price to net revenue multiple compared to its peers, yet it is not
growing as rapidly as they are.
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