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

To: the Chief who wrote (1013)	11/18/1998 10:37:00 AM
From: waldo	Respond to of 37507

>> This won't be a get rich "quick" stock and will likely drift about all thru Q1 trying to find a level, i am hopeful it will reach its 52 week high by end Q1...anything else including comparisons to "fully recognized", huge internet stocks is hype that only helps daytraders like me!<< I hope you bought last week! ;>) W

To: the Chief who wrote (1013)	11/18/1998 11:21:00 AM
From: waldo	Read Replies (2) \| Respond to of 37507

Chief, re Q1 and Q2 and comparing BII to Ebay (like the media does) or Onsale. An Ebay investor posted this: >>Bid.com sells merchandise. High inventory costs. Low margins. eBay's $12.9M in revenues was for commissions on items they NEVER TOUCH. (This represented $195M in gross merchandise sales.) You would be much better off comparing BID.COM with OnSale. Then look at OnSale's revenues compared to those of BID.COM. Then look at the market cap divided by sales. Onsale recently reported quarterly revenues of $57M and they still lost money. eBay is in an entirely different league and deserves an entirely different multiple.<< **************************************** Amazon's quarterly results have lost more money over 8 times from .7 to .70. The Wall Street firms put emphasis on the business model. Look at it today...an all time high...just crazy. If this new methodology of valuation works for American NASDAQ listed companies, then it should work for BII. W