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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: GoNorth who wrote (22381)4/19/1999 4:29:00 PM
From: NTT  Read Replies (4) of 37507
 
>>>Look at it this way - When the US marketplace starts comparing BII to the much higher profile auction companies they are not going to look good by any measure. Once this happens the air leaves the balloon. <<<

I think most reasonable people do not expect BIDS to hit US$300 this coming year. BIDS is not in the same category as EBAY and it would be foolish to think that it will receive the same kind of premiums. However, it is in the same category as a ONSL or a UBID and as such it will trade in the CDN $45-80 range as those do. Lack of a solid evaluation model means that there will be lots of pscyhological trading going on. If people feel that BIDS is the next 'cheap' internet stock, it will easily hit those levels. It's all a matter of exposure. It has nothing to do with revenue. My opinion only.
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