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

To: Mr. Forthright who wrote (3124)	12/6/1998 4:47:00 PM
From: Kevin Hamlin	Read Replies (2) \| Respond to of 37507

<<<<Does that mean that they will keep going up and up and up.... Statements like the one you just made are very scary indeed. We will all pay for the exhuberance of people like you. Be prepared, reality will come back.>>> Once again, you're right Mr. Forthright! Your comment appears to suggest that you fully expect BII to get to the same dizzying levels...and at that point...somewhere in the future...BII and all internet plays will come into equilibrium, wherever that may be. People who buy in at THAT dizzying high will pay a big price. But are we ANYWHERE near that? NOT EVEN CLOSE!!!! In the bigger picture, it really depends on the whole e-commerce situation. Ooops!!! Damn, that looks staggeringly good from all reports coming in too!!! So you just stand aside and watch Mr. Forthright. Thanks for the warning. Will I sell where I think the top is? Absolutely. I'll be gone in a second. But in the mean time, between now and then while you're watching, I'll have made a fortune. :) Regards, Kevin

To: Mr. Forthright who wrote (3124)	12/6/1998 5:05:00 PM
From: the Chief	Read Replies (1) \| Respond to of 37507

It is called tulipmania Once again you answer a question very simplistically, do you wish to be taken seriously ? Answering with the equivalent of "cuz" isn't an answer! Does that mean that they will keep going up and up and up.... Statements like the one you just made are very scary indeed. We will all pay for the exhuberance of people like you. Be prepared, reality will come back. People like me???? Hmmm. Yes that is exactly what that statement means!! Many stocks that presently trade have multiples afforded them that were never seen 20 years ago. So why would you expect that the preservation of the existing "index multiple" is "the rule"?? Multiples in themselves were the invention of a brokerage that had a "stock hit their target", but still "loved" the stock! The demand was there for the stock the brokers couldn't change the "earnings" so they just changed the "index multiple" based on jibberish, affording a higher P/E ratio. The jist in the majority of your postings is that the "foolish" public will be penalized!! I agree, it happens everytime there is a correction, so are you a "preacher of correction"? the Chief