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

To: Raiderette who wrote (33057)	6/23/1999 3:49:00 PM
From: GoNorth	Read Replies (1) \| Respond to of 37507

Raid, you need to realize that it doesn't take that long to figure out that certain types of businesses sometimes just don't have the fundamentals to make a profit. In BII's case the B2C business doesn't have the GP rate necessary to make a buck. I know this, BII management knows this and most market watchers know this. Look at BII's losses to date and you'll quickly see what I mean. In short BII is between a rock and a hard place. On one hand they can't make a buck at B2C but on the other hand it's the vast majority of their revenue. Think about it this way: "What would you be saying in these circumstances?" >>GoNorth, while I agree that there has been a lot of promotion on the B2B initiatives, I honestly don't see how they are moving away from the B2C segment.