SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Bid.com International (BIDS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ruyi who wrote (28330)4/28/1999 7:45:00 PM
From: Curious Gamble  Read Replies (4) of 37507
 
Why didn't you use your Dagan handle on Raging Bull?
Bid.com International (BIDS) Message List

Real Time Quote
Chart
Free E-Mail
Raging BIDS Links

< Previous
Respond

To: SirVinny (28321 )
From: Dagan
Wednesday, Apr 28 1999 6:52PM ET
Reply # of 28355

Tell me , IF and I stress IF, BII reissues 98yr. end results to reflect accounting
methods apparently used by other auction companies how do you think it will
it effect the stock price?? The method used by BII(loss on cost of sales to
A&P) is the apparent reason Pavan cited in his downgrade to a sell with a
target of a couple bucks . I'm not suggesting BII will or has to restate. I'm only
curious how you or others think it would effect price one way or the other if
they did?? Do you think they will employ this method in 1st.qtr. 99 as well ??
Apparently they only made the change(reporting loss on cost of sales to
advertising & promo) for 98 yr.end and not previous qtrs. according to
Pavan..
Next >

By: saige
Reply To: 11152 by AnArKey
Wednesday, 28 Apr 1999 at 7:31 PM EDT
Post # of 11165

Tell me , IF and I stress IF, BII reissues 98yr. end results to reflect accounting methods
apparently used by other auction companies how do you think it will it effect the stock price??
The apparent method used by BII( putting the loss on cost of sales to A&P) is the apparent
reason for the current downgrade to a sell with a target of a couple bucks . I'm not suggesting
BII will or has to restate. I'm only curious how you or others think it would effect price one way
or the other if they did?? Do you think they will employ this method in 1st.qtr. 99 as well ??
Apparently they only made the change(reporting loss on cost of sales to advertising & promo)
for 98 yr.end and not previous qtrs. ..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext