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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: Victor who wrote (33023)	6/22/1999 11:32:00 PM
From: wpckr	Respond to of 37507

I like to see honest comparisons. This from the RB thread will say a lot about quality posting.FOR ALL BIDS SHAREHOLDERS: I posted this initially in the wee hours of the night so it may not have been read by many of you. For those of you who have already read it and/or commented on it, thanks... for others, give it a read and give me your viewpoint. Thanx in advance, C DiP The main reason that I believe BIDS trails some of the other auction co.'s in share price is because of its tremendous STOCK FLOAT AND LACK OF REVENUES... The OUTSTANDING STOCK (approx.43mil) is a serious weight on the long-term bouyancy of the stock price of BIDS. With so many pieces of the pie to spread around its difficult to hold a comparable share price with competitors like UBID, or even ONSL... Their shares outstanding are considerably less than ours therefore the price per share should be more than ours until we bring up our... REVENUE: Our LACK OF REVENUE, IMO is the single biggest reason for the lack of share price movement in a positive way (I know some people want to look at earnings but I feel, with most Inets in the red, revenues are more relevant). Even though progress has and is being made we are WAY BEHIND THE OTHER COMPANIES IN THIS DEPARTMENT!!! In using ONSL as a quick comparison, I feel that over the long haul BIDS will be the superior co. (if not already) however how can you expect a better share price when our revenues aren't even IN THE SAME BALLPARK!!!... Godin (G-Dogg) is comfortable with est. of $50mil.(cdn) for 99'(approx. $33mil.US) okay. BIDS had $20.7 (cdn) in revenue for 98'(approx $13mil.US)... That's $70 mil.($47mil.us) in both real and estimated revenue for the years 1998 and 1999... ONSL HAD REVENUE OF $67.8 MIL.us FOR QTR 1 ALONE!!! Since BIDS will not buy back any of its stock at this time to lessen the share count, I believe this stock cannot move AND SUSTAIN the stock prices that we as shareholders would like to see... This will only be accomplished when it becomes noticeable to analysts and the knowing public that BIDS deserves a MAJOR PREMIUM in market cap over its competitors. To accomplish this BIDS must show the world thru alliances and/or mergers that they can bring in the strong revenue stream and ramping growth needed for its stock price premium. I believe that BIDS is well on its way toward achieving that but to expect a price in the high teens or low 20's (us) at this time, with the lack of positive proof of ramping growth qtr. to qtr. seems highly unlikely from my view. Just a few pennies from da BIDS' pimp main man, C DiP (Voluntary Disclosure: Position- Long; LT Rating- Strong Buy)

To: Victor who wrote (33023)	6/23/1999 7:59:00 AM
From: GoNorth	Read Replies (1) \| Respond to of 37507

Raid, I believe Victor is being VERY subjective. You might want to check out RB for yourself but don't be surprised at the low quality of the site overall. For sure there are one or maybe two posters at RB who have something to contribute, but overall it's about a 2 out of 10 site. >>if you have really invested in BIDS, go to the RB site