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

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To: SirVinny who wrote (31921)6/4/1999 12:32:00 AM
From: Silvio  Read Replies (1) of 37507
 
I understand what you are saying about the internet and I don't doubt that there will be some amazing winners in the field but I honestly can't see the prospects of another version of the Home Shopping Network.

I live in Toronto and I have to say there is nothing on the Canadian site with respect to computer equipment that I cannot find at a better price at a store. I know, because I've bought a new monitor, printer, and scanner in the last two weeks and I've spent a fair amount of time comparing prices. Now, mind you, we're talking about a metropolitan area with almost 5 million people so there's bound to be a lot of competition at the retail level.

I'm not disputing the company's technology but it's got to find a niche if it wants to remain a player on the retail level. I don't see computer peripherals, excercise gear, electrical appliances, etc. adding that much to earnings.
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