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

To: Grant MacMillan who wrote (34092)7/22/1999 10:23:00 AM
From: GoNorth  Read Replies (1) | Respond to of 37507
 
Grant, for sure but what about business principles like those which Gee-Wee adhere to. It goes something like this: Business is simple, Just take $40B and multiply by 1% - SEE! Everything will be fine! :-)

>>Because even if they cut their expenses to $0, they are still only getting as much for their merchandise as they pay for it, so profitability via cutting their expenses won't, on its own, get them to where they want to be



To: Grant MacMillan who wrote (34092)7/22/1999 10:24:00 AM
From: hsg  Respond to of 37507
 
It's about branding...you have to advertise like CRAZY to build market share....ever heard of UBid??? I mean, EBay has killed everyone with branding and this stuff has to be global, cause the auctions are...BII may never be more than a poor Canadian second cousin if they cannot capture market share...only 1 way to do it...BUY it!!!


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