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

To: Mr. Forthright who wrote (3121)	12/6/1998 4:24:00 PM
From: the Chief	Read Replies (1) \| Respond to of 37507

Do you agree that the market capitalization of this company was $253.3mm at close Friday ? Do you believe that evaluating internet stocks based on revenue streams (even though not profitable) can then be extrapolated into a multiple on nonexistant earning? The reason you 'agree' is because you believe in P/E and proven multiples!! I can't argue that..I do too! However, for some unknown reason the internets are not folowing the rule. It is said that the 79 million baby boomers, in the US, that will be attempting to save sufficient money for their retirement will force all stocks to "multiples" never seen in investment history!! You can either go with the flow or not...its up to everyone to make their own choices, not for one to try to impose his/her choice!! the Chief