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

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To: Steelguy who wrote (12764)3/24/1999 12:40:00 PM
From: NTT  Read Replies (4) of 37507
 
No doubt about irrational exuberance. In any case, I'm holding for now because I think the excitement is only going to continue building for the near term.

The EBAY rumors sound fishy to me. Not necessarily the consolidation issue, but two things bug me: 1) Totally different auction model and 2) BII does not have as signficant a customer base that EBAY would be willing to pay 3 times its current trading value. If the offer were at $10, I might even believe it, but $30 seems way pie in the sky to me.

Of course if it's true, I'll GLADLY eat my shoes ;-) At which point they will be VERY nice expensive italian shoes haha...
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