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


To: re3 who wrote (37387)4/17/2000 8:29:00 AM
From: zwing_88  Read Replies (1) | Respond to of 37507
 
OK, Let's use our heads here.
What is the biggest money gobbling cost that will destroy dot.coms? Heavy, unsustainable marketing, advertising and other "eyeball gathering" costs. What has BIDS just eliminated? THOSE COSTS!
What is predicted to be the biggest market by a multiple of 10, B2B or B2C? B2B, THE MARKET BIDS IS TOTALLY FOCUSED ON.
What is the key to B2B success on the internet? A technological edge and great partners and the ability to make deals. Would Cap Gemini, Point 2 and GE qualify? ABSOLUTELY!
GE didn't make their deal for fun. If BIDS can get 1/10th of 1% of GE's world wide sales (would that be unreasonable if they could reduce GE's cost by up to 2%?), this alone would mean EXTREMELY PROFITABLE annual sales of 111 million for BIDS.
Prediction: BIDS will be profitable very soon. Sales will be increasing. They will sign up more great customers. BIDS is a survivor.
Ask yourself? Is there another auction stock that you would rather be in right now?
Z