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

To: donkeyman who wrote (1345)	11/22/1998 9:56:00 PM
From: waldo	Read Replies (1) \| Respond to of 37507

>>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 %. ??????<< For the nine months ended 9/30/98, revenues totalled $27.9 million, up from $3.1 million. Net income rose 28% to $878 thousand. Results reflect increased activity on the eBay web site, partially offset by continued personnel increases. Ebay research: biz.yahoo.com quote.yahoo.com Someone over at the ebay board wrote this about Ebay compared to Bid.com: >> 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.<< Ebay is trading at 100 times revenue and ONSALE is trading at 2 times revenue. IMO Bid.com is way undervalued compared to Ebay. W