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

To: hsg who wrote (34705)	8/4/1999 4:22:00 PM
From: GoNorth	Read Replies (2) \| Respond to of 37507

hsg, the whole problem here is the change in business plan that BII was forced to cook up. The original buy in was based on the fast growing Internet auction space which everyone knows is B2C based. BII was thought to be able to compete in this space but? Looks to me like BII mgmt determined they would never capture a significant chunk of the category, would never make a profit because of their gross profit problem and as a result then came up with the B2B and lisc strategy. Man is their timing bad. I wouldn't be so sure that we've seen the bottom yet. PS: suggesting sales are down was a big mistake. NO ONE will accept being down in the INET business. Even the dyed in the wool Boosters. >>I listened in and basically they said what we all expected...sales are down on the web site but licensing for their technology is rising.