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


To: merle_hanson who wrote (2669)12/2/1998 2:58:00 AM
From: merle_hanson  Read Replies (3) | Respond to of 37507
 
UPDATE - Approx 225 US Auction items - current... 85 Canadian

Again, I looked at the site... Not much for items, a ton of beanie babies and some sports cards for about $15 (US) each....
Approximately 225 US items - 85 Canadian items... current..

Where is the revenue to come from.... They are proposing $50 million (my understanding from posts??)... I arbitrarily calculate... Canadian and US auction items per week revenue to be... around $1 - $2 million per year... not including expenses...

I hear they are offering software solutions... To who... other auction houses that do not need them, but probably have better systems... If you look closely... You can see, that other auction houses show, (15) Crock Pot Cookers - for auction... Bid.com... Does not differentiate this... But list them repetively... So I assume... each listing is for (1) Crock Pot Cooker - ($25.00 CDN)

Revenue again please????

Full Disclosure... (I'd like to see others do the same!)
I'm in BII for about $2 thousand (CDN)...

Previous below...
*************************************************

Only 85 Auction Items?? Not to be condescending....

Have a good look at bid.com's web site...
bid.com

There are 85 current items for auction (Canadian side). Seems to be a lot of Crock
Pot Slow Cookers??? Also Cigar humidifiers....

Again... Someone please tell me where the revenue is suppose to come from????

Disclosure... (I'd like to see others do the same!)
I'm in BII for about $2 thousand (CDN)...



To: merle_hanson who wrote (2669)12/2/1998 3:07:00 AM
From: Abbeydale  Respond to of 37507
 
Well kids, I don't know what to think tonight! Yesterday, I said I didn't want to own the stock overnight and bailed with a half commission loss. Today, I thought we were going to see a rally in the mid afternoon as the US internets (and the Nasdaq/Dow) started to recover, so I picked up 1400 at $4.36 and nervously watched it bounce around from 4.25 to 4.40 for a couple of hours. I could have got out with another half commission loss, offsetting a little bit of the quick profit I made between $4.10 and $4.53 earlier, but I decided (or indecision decided for me) to stay in for the overnight! I may be putting this one in the hold category for a day or so, but I don't think so some how! We'll see!! BII may have sold off, but the US internets ended up on the upside trend! Let's hope it continues...

OK BII, Gap down a bit in the morning IF YOU MUST, but back fill quickly... PLEEEEEASE!!!

A

PS: Wife and I went to see "Enemy of the State" tonight on Cheap Tuesdays at the local theatre to blow off some tension! Great Flick for all you "conspiracy theory" and "Big Brother" film lovers... Wil Smith's acting left something to be desired, but it was not bad! I give it 3 "Abbey's" out of 5...

Here's a little "funny" I thought some of you might enjoy as you start your trading days Wednesday! :)

THE MISSING GRAVY LADLE

John invited his mother over for dinner. During the meal, his
mother couldn't help noticing attractive and shapely her son's live-in
housekeeper was. Over the course of the evening, she started to wonder
if there was more between John and his housekeeper than met the eye.
Reading his mothers thoughts, John volunteered, "I know what you must be
thinking, but I assure you, my relationship with my housekeeper is
purely professional".
About a week latter, the housekeeper came to John and said, "Ever
since your mother came to dinner, I've been unable to find that beautiful
silver gravy ladle.You don't suppose she took it, do you?" So he sat
down and wrote;
Dear Mother,
I'm not saying you 'did' take a gravy ladle from my house, and I'm
not saying that you 'did not' take a gravy ladle. But the fact remains
that my gravy ladle has been missing since you were for dinner.
Several days latter, John received a letter from his Mother that read,
Dear Son,
I'm not saying that you 'do not' sleep with your housekeeper, but
the fact remains that if she were sleeping in her own bed, she would
have found the gravy ladle by now. "Love Mother"



To: merle_hanson who wrote (2669)12/2/1998 9:41:00 AM
From: Chad Barrett  Read Replies (1) | Respond to of 37507
 
<< There are 85 current items for auction (Canadian side). >>

At least you admitted that you were looking at the Canadian side!! That is the reason that you found only 85 items for sale... like just about any ecommerce company, the US sales are the key right now! Also, for BII licencing deals, etc are a good source of income for them.

I agree though that they could use more products. However, it isn't just that easy. If they get involved with certain types of products it could change the very nature of the business for them. They might have to store items in a warehouse, etc. Or many types of items might have a short shelf life, and hence would have to moved quickly, etc, etc. They will increase the number of products they have, but hopefully they will do so thoughtfully....

Just my thoughts....

Chad