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

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To: GoNorth who wrote (25482)4/24/1999 10:24:00 PM
From: GoNorth  Read Replies (2) of 37507
 
HEY EVERYONE! I was just thinking about the unusual way (at least for retail companies) BII accounts for the sale of goods below cost. I hope everyone realizes that if in fact BII didn't slide these losses over to the Marketing account that their Gross Margin would have been negative (if that's possible in accounting) I now wonder if the small GM improvement that they showed in the 4th quarter was related to accounting and not to merchandising. Does anyone have this answer??
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