Bid.com International (BIDS) Message Board

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

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To: Mr. Forthright who wrote (11407)	3/13/1999 3:55:00 PM
From: Denise D	Read Replies (2) of 37507

Forthright, Ok, I agree with you there, but I refer to the following article (which I think is well written, btw): globetechnology.com where it states: "One of the first things to review, he said, is revenue growth. Unless an Internet company has double-digit quarter-over-quarter growth or triple-digit annual growth, Mr. Harmon said it's difficult to justify a high valuation." Didn't Bid.Com have triple-digit annual growth? Revenue (1998) was $6.4 million, 326% growth over 1997 Revenue of $1.5 million. Also, as of January 28, Bid.Com had only a market-capitalization-to-revenue ratio of 2.2. Do you think this is a valid way of measuring the valuations of internet stocks? Denise.

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