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


To: Orwell who wrote (1297)11/21/1998 10:14:00 AM
From: waldo  Respond to of 37507
 
>>You actually invest based upon analysts recommendations? <<

Actually no...I do my own research...however I wish I listened to the 26 top Wall Street firms a year ago on AOL. I would be up over 500%. It went from .50 to over 150.00 (pre split) since 1993. It may be years before YHOO/AMZN/EBAY and the likes are profitable. For the three months ended 9/30/98, total revenues rose 64% to $858 million. Net income rose from $32 million to $108 million. Results reflect increased number of subscribers, higher Flat-Rate Plan membership fee, more advertising on AOL service, and higher gross profits.

There are over 29 million shares short against 458 million shares outstanding, so I guess others believe that they will fall as well. Yet, not one single analyst in the country is rating it even a hold, moderate sell, or even a strong sell.

W