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

To: RG who wrote (37413)	6/3/2000 9:25:00 PM
From: JEB	Read Replies (2) \| Respond to of 37507

The truth? (I hope you can handle it because that's all I ever tell) BIDS blew it. Last quarter they should have reigned in their spending habits. They did not. Their sales column is impressive but the street expects them to show more fiscal responsibility and they haven't done that yet. They need to have a quarter of average to above average sales with a reduction in their losses. Translating into improved earnings via fiscal responsibility. Obviously, the 6.5 MM private placement takes care of the "cash burn" question but that is just buying time and if they do not address the loss column, I'm out of here. Last quarter we had some real money checking out this company. All they had to do was show a lower loss column and an average sales column for real money to come into BIDS. They went the other way. It appears they believe they can spend their way to profitability. The street no longer goes for that theory anymore. Just because your company has a dot com name, doesn't mean you are a player anymore. BIDS can turn it around. Let's see them do it. Are you listening BIDS? Good trading RG, JEB