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

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To: Cameron who wrote (28635)4/29/1999 2:05:00 PM
From: Rajiv  Read Replies (3) of 37507
 
AOL went from revenues of $16million US two years ago to $610 now. AOL and bid.com are in different businesses but this highlights the explosive revenue growth that inet companies are positioned to benefit from. AOL's revenues were only 50% of what bid.com's will be this year.


Your AOL data is wrong. AOL generated revenues of more than 1 billion (US) in 1996. BIDS generated revenues (in 1998) which is around 1% of AOL's 1996 revenues.

You can refer to
yahoo.marketguide.com

BTW, why are you bringing up AOL? AOL is an ISP/portal. BIDS is in e-commerce. They are not in the same sector.

Regards.
Rajiv
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