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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: SirVinny who wrote (31931)6/4/1999 12:53:00 AM
From: twentyfirstcenturyfox  Read Replies (4) of 37507
 
Disagree - because then BIDS has to come up with the working capital to actually BUY the product. the only way they should go, IMHO, is to pump the revenues big time, regardless of gross margins - then get the stock valuation back up to the can$ 30's - then get out there and buy some good companies with a stock swap, so as to improve their customer base - also known as AOL. In this business you get BIG/one of the dominant players - or you don't survive.
Your thoughts? don.
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