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

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To: GoNorth who wrote (19375)4/12/1999 5:53:00 PM
From: Denise D  Read Replies (5) of 37507
 
Ha ha ha! Oh I have such a funny one. Longs will love this!

GoNorth and Doug make such a big deal of Mark Pavan's "revised estimates" of revenue. We go defending the revenues, saying "that's just one analyst's view", but upon a more close look at the link that was provided, I realize that Mark Pavan's revised estimate of $34.7M is in US funds, he is predicting F'99 revenue of C$52.4M and earnings per share of C$0.28.

Here's the quote:

Mr. Pavan has revised his FY99 revenues estimates from $39.7 million (C$60 million) to $34.7 million (C$52.4 million). However, he is maintaining his EPS forecast of $0.18 (C$0.28).

multex.com

Denise.
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