Bid.com International (BIDS) Message Board

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

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To: Cameron who wrote (27031)	4/27/1999 2:44:00 PM
From: Ruyi	Read Replies (2) of 37507

In case you missed it, BII has negative gross margins relative to EBAY 85% g.m.. Reason is BII apparently charged the difference on the goods they sold below cost to marketing and promotion not cost of sales as is a more common practice . At that rate they could gross $100 mill. and still lose money, buy it for $10 sell it for $9.00 make it up on volume, what a joke .

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