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


To: JJ who wrote (1343)11/22/1998 8:56:00 PM
From: donkeyman  Read Replies (2) | Respond to of 37507
 
JJ: I don't know too much about the Internet stocks and it was a big downer to learn most of those companies involved in sales on the Internet have been losing big dollars so far to date. Is it true Amazon is expected to loose US$70 million (C$108 million) on sales this year, how is this possible, do they give the stuff away??? How are these huge losses absorbed? Some compare Bid Com to EBay. Does anyone know how many shares EBay has compared to Bid Com's 32 million Fully Diluted? What percentage of Internet sales do Bid Com have compared to EBAY, 1 or 2 %. ??????



To: JJ who wrote (1343)11/22/1998 9:20:00 PM
From: Goldbug Guru  Read Replies (1) | Respond to of 37507
 
JJ

The $50M is a very conservative estimates, knowing the company is going full speed ahead with their technologies. You got to remember in order for a company to be succesful in the long term, it needs strong connection. Bid.com is currently bumming around with AOL, the largest online service provider in the world. Can you imagine where the price will be next year when they start trading on the Nasdaq. I have a feeling that Godin has been hanging around with some big shot in New York. Do you see multi million $$$$$$$$$$$$$$$$ contracts heading our way??? JJ, Yorky might end up to be your best friend on Monday.