Bid.com International (BIDS) Message Board

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

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To: Pluvia who wrote (26939)	4/27/1999 1:48:00 PM
From: Crazy Canuck	Read Replies (3) of 37507

Steve, I would like to edit you header to read . . . BIDS - **STRONG BUY Rec* I suggest that everyone should ensure that they do their homework and remember that Pluvia says he "Loves to Short Stocks". There is much more to the story, and it is not being presented here. For example . . . - The company will be "cash flow positive in 1999". - As a member of the TSE 300, the index funds have had to add a representative amount of their shares to their portfolio - this reduces the available amount of shares for trading. - The company has a significant cash balance to draw from. - Their revenues have been scrutinized by the best in the business - Goldman etc. and they have signed on as their MM. Some of the other things that Pluvia has not told you is that . . . - Bid.Com has six different revenue streams in their business plan. This is why they feel that they do not have to only rely on the auction format as their sole source of income. - The have spent over 2 years building the infrastructure to open for business in Europe. - Their interactive TV auction format is in the final stages of development (This will bring their business way beyond the limitations of the Internet) - There is only two main ways to conduct auctions - ascending and descending - and Bid.Com has the patent on the declining format. Any Auction company (on the Internet) using the declining format will have to pay them a fee or stop doing this. I could go on, and on, however you all should do your own DD, and don't let anyone - Pluvia or Myself - influence your decisions based on snippets of information that he or I have put into the context that we want you to see. I have been following this company closely for over 1/2 a year, and I believe in their business plan, and where it will take them. That said, you might want to try these sites to do some further research . . . geocities.com tiger-usa.com Crazy Canuk

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