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

To: buffet who wrote (35935)	10/21/1999 10:04:00 PM
From: GoNorth	Read Replies (2) \| Respond to of 37507

buffet, correction please. BII is 'worth' somewhere in the area of $200M US at this point. On April 20th it was 'worth' somewhere in the area of $1B+ US. So, based on generally accepted accounting principals it's wrong to say BII is worth more today that it was in April (or May or June for that matter). I believe the fundamental you fail to consider is the fact that losses continue to mount for BII with no end in sight. >>...I didn't (sell in April at $23US) because I believed it was worth more AND that was based on the fundamentals at the time. Those same fundamentals, which you mock and/or don't understand, are much stronger now so it follows that the company is worth more