Bid.com International (BIDS) Message Board

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

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To: Lola who wrote (27124)	4/27/1999 4:18:00 PM
From: Rajiv	Read Replies (4) of 37507

From the SEC filing (http://www.edgar-online.com/auth/edgardoc/DocMain.pl?doc=A%2D1079171%2D0000950130%2D99%2D000781&coname=BID%20COM%20INTERNATIONAL%20INC&ftype=20FR12B&fds=&fdate=1999%2D02%2D16%2009%3A50%3A00&fdfmt=Feb%2016%201999&cik=1079171&nf=1) - as of February 1, 1999, the Company had approximately 95,000 registered bidders. From the SEC filing (http://www.edgar-online.com/auth/edgardoc/DocMain.pl?doc=A%2D1079171%2D0000950130%2D99%2D002213&coname=BID%20COM%20INTERNATIONAL%20INC&ftype=20FR12B/A&fds=&fdate=1999%2D04%2D15%2014%3A03%3A00&fdfmt=Apr%2015%201999&cik=1079171&nf=1) as of April 14, 1999, the Company had approximately 108,000 registered bidders. That means over a period of 10 weeks, the number of registered bidders has gone up by 13,000. This is not exponential growth and does not justify a billion dollar market cap. I think it is a reasonable assumption that employees &friends and shareholders have registered themselves as bidders (as part of their DD process). I am not denying that shareholders cannot be customers. Regards. Rajiv

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