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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: GoNorth who wrote (25190)4/23/1999 9:04:00 PM
From: Zima  Read Replies (1) of 37507
 
"James, on the basis of BII's reporting it looks like they buy goods at $1.00 and sell them for $1.036 (not factoring in the interesting way the move losses to marketing costs) I guess this is how they do business. BTW do you know of any retail company that has been successful operating on 3.6% ?"

They also buy Shop Naked posters for $1.00 amd sell them for $80.00

Not a bad gross margin.
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