Bid.com International (BIDS) Message Board

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

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To: donkeyman who wrote (15764)	4/1/1999 3:33:00 PM
From: RG	Read Replies (3) of 37507

>>>>Look at those who purchased EBAY at Cdn$27.00/sh on day #1 on the NASDAQ they didn't dream those shares might hit Cdn$100.00/sh in six (6) months let alone nearly "a high" of Cdn$800.00/sh (US$525.00/sh.)??--Now EBAY has a Market Cap of US$18 billion (Cdn$27 billion) BID COM haven't hit Cdn$1/2 billion yet.???? Donkeyman, From the initial IPO, Ebay went up from about $30 to $225 in 3 months! From the initial IPO, UBID went up from roughly $40 to $175 in less than one month, then over the next three months settled down to the $65-$80 range! The CEO of Bid.com should keep this in mind. Particularly that of Ubid. If Bid.com were an IPO, it would do what recent IPOs have done, rise to at least $100 a share and settle back down in between a range of Ebay and Ubid. In one of my earlier posts, I quoted the Wall Street Journal on how they price inet IPOs. If this stock is handled well, there is no reason why we can't see a similar valuation as Ubid IMO.

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