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

To: AL who wrote (2782)	12/3/1998 12:03:00 AM
From: Chad Barrett	Read Replies (1) \| Respond to of 37507

AL, Sorry, I should have quoted the message I was responding too! It was in reference to the 40X CD drive that someone just bought from BII! Somebody pointed out that the person may have OVER-payed for it! If that is the case... it just means a decent (LARGER) margin for BII! That was my point! With regards to the BII financial info. giving a 3.2% gross profit... that will only get better as the site gains more exposure! The more traffic (and hence bidders) the site gets, the higher the average price that the items will sell at (in general). It is part of the growing process of the company. Chad

To: AL who wrote (2782)	12/3/1998 5:47:00 AM
From: ztect	Read Replies (1) \| Respond to of 37507

figures lie and liars figure Fact one, 3.2% for 3rd quarter Fact two, 250% increase of margin from previous quarter's margin of 0.9% ==================== Projection 1. (Conservative sustained growth based on previous quarter's increase) 50% increase from third to fourth quarter of margins = 4.8% gross margin for fourth quarter ======================== Projection 2. (less Conservative sustained growth based on previous quarter's increase) 100% increase from third to fourth quarter of margins = 6.4% gross margin for fourth quarter ================== Projection 3. (reasonable sustained growth based on previous quarter's increase) 150% increase from third to fourth quarter of margins = 8.0% gross margin for fourth quarter ================================== Projection 4. (less reasonable sustained growth based on previous quarter's increase) 200% increase from third to fourth quarter of margins= 12.8% gross margin for fourth quarter ============================ Projection 5. (growth based on previous quarter's increase) 250% increase from third to fourth quarter of margins = 14.4% gross margin for fourth quarter ========================= More outreach, more products, more growth, greater name and logo recognition equals Greater gross margins.... End of lesson No hype ....just the facts ztect