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

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To: Sulayman who wrote (26525)4/26/1999 8:19:00 PM
From: Lola  Read Replies (1) of 37507
 
B2B auction sites like BIDS will lead in sales growth. Internet commerce history has proven that business to business is the leader on the Internet for initial sales growth and then business to consumer comes next.

I think because the auction is a B2B, the sales figures from the auction will be astronomical. Buyers from big companies will be buying in very large quantities. None of this 1 per customer stuff you would get with Business to Consumer auctions. I think we will all be pleasantly surprised.

BIDS has all the right stuff to be a big winner in the Internet commerce game. Being one of the first of it's kind (a B2B with a patented declining auction software), BIDS will capture the majority of the marketshare.

In business we say that the first guy to do something new and exciting gets the majority of the marketshare and keeps it (I think the figure is something like 54%). All good business people know that this is a proven fact.

I have a business on the Internet also and 80% of my business comes from companies, not individuals. I also know that because I'm the first to do something like this, my future competitors will have a hell of a time trying to catch up with me. They'll never be able to do it.

So what if I have to eat macaroni for dinner very night because I put megabucks into inventory. I'm going to be a millionaire very soon. The ball will just keep rolling. I won't be able to stop it even if I want to.

Lola:))
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