Bid.com International (BIDS) Message Board

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

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To: RG who wrote (29202)	5/2/1999 10:13:00 AM
From: Alastair McIntosh	Read Replies (2) of 37507

RG, if Bidcom shows an audited positive net income for 1999 I'll become a long term shareholder! However instead of remembering what the CEO said or what is in press releases lets look at the recent SEC filing found here: sec.gov The Company has not earned profits to date and had accumulated losses of Cdn $27.7 million as at December 31, 1998. For the year ended December 31, 1998 and the year ended December 31, 1997, the Company's net loss was Cdn $18.7 million and Cdn $6.7 million, respectively. The Company intends to continue to invest heavily in marketing and promotion, development of its technology, business-to-business auctions and other areas of its business. As a result, the Company believes that it will incur substantial operating losses for the foreseeable future. Al

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