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


To: Ruyi who wrote (2515)11/30/1998 11:51:00 PM
From: Orwell  Read Replies (1) | Respond to of 37507
 
I'm discussing because I have what I need to form an opinion, and its not a crystal ball. You OTOH need a crystal ball, and don't have one, so what can you offer?

I have said twice that bid is in bed with the wrong people, it is good to start somewhere, but then time to jettison the uneeded baggage. Nevertheless, Yorky will not have an adverse negative mitigating effect in the long run.

I also liked and like JDS Fitel, which has done quite nicely. Commodities are low and going nowhere, blue chips still have high P/Es, so some well chosen tech juniors don't require a rocket scientist degree.

Such stocks go down when something fundamental changes in their business. They could get knocked out fundamentally at some point down the road, but right now it is full steam ahead through the whole of next year. And that's far enough to look out when deciding whether to hold long or not.

O.