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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Lola who wrote (27470)4/28/1999 8:41:00 AM
From: Alastair McIntosh  Read Replies (2) of 37507
 
Lola, you posted:

The key is the great prices (as it is with a giant like Amazon). Most people would just as easily order a book through their local bookstore rather than go to Amazon(considering shipping costs etc) but they buy from Amazon because of the prices. On the Internet everything is price, price, price unless you are in a very niche market.

Bingo! You have just pointed out the main reason why BIDS may never be profitable. The internet is great for consumers but is very difficult for a net-based company to generate profits.

Al
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