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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Mr. Forthright who wrote (11596)3/15/1999 12:57:00 PM
From: GoNorth  Read Replies (2) of 37507
 
Mr. Forthright, I'm not as confident as you that everyone can do the math, so for the benefit of those that have some difficulties in this area - Bid.com would need to generate $250M in sales at 8%GP before they would cover their expenses and begin moving into the black.

>>What do sales have to be at 8% gross profit margins to cover $20 million in expenses? We can all do the math.

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