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


To: Kevin Hamlin who wrote (3100)12/6/1998 1:16:00 PM
From: chummer  Read Replies (1) | Respond to of 37507
 
Kevin,
Based on the revenues of Bid.com so far this year, what is it worth right now(not taking into account future potential)?
Also, what are Bid.com's chances of getting on the NASDAQ next year?

Thanks in advance,

BB



To: Kevin Hamlin who wrote (3100)12/6/1998 2:21:00 PM
From: donkeyman  Read Replies (1) | Respond to of 37507
 
Kevin: I think you're right. Before too long BID.COM will jump up for example: Cdn.$1.00/sh. (US$0.65/sh.). Most of the nickel and dime Canadian day traders will sell out waiting for the shares to drop back the next day. But the day after the stock will shock everyone and jump $2 or $3 and a huge number of Canadian shareholders will be out in the cold while the Americans will grab them up at a bargain . Wait till the crowd on UBID.COM are told by dropping that "U" while connecting to their web site, they will have discovered a low priced little Canadian E-Commerce GEM. Just look at Friday on Day #1 for Ubid on the NASDAQ, if one were to buy 1000 shares of UBID at their high on Friday you would be talking nearly C$100,000. Many people look at EBAY at US$200 (Cdn.$310)and ask themselves is it possible BID.COM will ever reach such a high level??. But I think most of us forget in a year or two E-BAY may be running at ie. US$650/share (C$1,000/sh). or more,(C$ 1 million for 1000 shares)?? Then what will our dreams be.??