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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Ruyi who wrote (23222)4/20/1999 6:35:00 PM
From: SirVinny  Read Replies (1) of 37507
 
To All Newcomers:

There is one Maroon on this thread who claims to have psychic abilities. He's been predicting BII to
go down. Here is one of his posts, BII at the time was trading at $2.76. He also said listing in
NASDAQ alone would save this stock. Stock had passed $32 since his prediction. Is he a psychic or
simply a big Maroon???

SirVinny

---------------------------------------------

Message 7246431

To: steve host (5994 )
From: Dagan
Tuesday, Jan 12 1999 6:13PM ET
Reply # of 7856

FWIW, The valuation is even more out of wack since this published.
12/13/98
Bid.com International (Toronto : BII.TO)
Current Price : C $2.76
Bid.com is an Canadian-based auction etailer. The company's website offers a wide variety of
products including computers, electronic items and office machines. As the table below indicates,
Bid.com's largest problem has been the Company's gross margins. This has led to Bid.com's low
stock valuation compared to the other companies in this group. If the Company is able to attract more
customers to its website (thereby increasing its margins) and continue to grow its revenues, the stock
price could skyrocket. However, this is a large assumption. The Company has failed to obtain
significant margins in its last six quarters despite its massive advertising campaign. In addition,
its lack of exposure because of its location on the Toronto exchange does not give
it the volume or institutional backing that it would receive if traded on the Nasdaq.
All money values listed below are in Canadian dollars.
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