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

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To: Stallion who wrote (20579)4/14/1999 11:31:00 PM
From: Lapouc  Read Replies (1) of 37507
 
Good Try,
But if you split a pie in three instead of two, each one has a lesser value. The valuation of Ebay and Ubid doesn't take into account BII. IF (IF) BII would become a major auction site the value of the others should go down. Ebay has 10 time the cash of BII and less than 9% of his share on the market(Float) 10 M on 120M same thing for UBid < 20% float compare to > 80% float for BII. You should use ratio comparison price to book and price to sale and see that BII has a long way to go to match the very optimist ratio of Ubid that has the same Business to person auction model.

Price/book Price/sales
Ubid 30 10
BII >100 > 50

Regards, JC
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