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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: NTT who wrote (14318)3/29/1999 9:57:00 AM
From: PCKL  Read Replies (1) of 37507
 
You obviously are not up-to-date on the current valuation of internet stocks. It is the revenue GROWTH RATE that is most determinative of a stock price. Bid.com year ti year revenue growth rate was over 600%. There are no other industries that even come close. Remember internet is still in its infancy. We are only in the third inning. Yes, $1 billion US for $14 million US is a pittance when you consider that ebay has a market cap of $19 billion US with $47 million US in 1998.
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