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

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To: RG who wrote (22936)4/20/1999 12:03:00 PM
From: c.r. earle  Read Replies (2) of 37507
 
RG,

As much as I would like to see BII storm up the charts, I feel I need to point out that the comparisons to ONSL and UBID are suspect.

Especially onsl, they have substantially more revenue, (actually much more), their share float is much smaller and yet the stock is only trading in the mid twenties. When the large internet stocks were making major moves (the most recent ones), ONSL did not particpate very strongly at all. I view that as another concern when comparing BII.

I am afraid that for now, there is nothing that will be propelling the stock higher. The run we had was for the anticipation of the Nasdaq listing. NOw that is history, and I would think that for the near term we will see weakness in the stock.

If you are holding long term, well of course things could be very different.

Regards
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