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

To: Rich Investor who wrote (3914)	12/28/1998 10:50:00 AM
From: Cush	Respond to of 37507

No cold, hard facts but- the US internet stocks are once again going higher. This is a game of anticipating what others will anticipate. Looks like as long as the US stocks keep going, so will we. As for analysts, I think they are very reluctant to support the current interest in Internet related stocks. For an analyst, I believe there's too much risk of looking like a fool. It's safer to support the Nortels and Bombardiers. Then, if they are wrong, they'll have so much company they can hide in the crowd. Saying that these eCommerce plays are over-priced is a pretty safe call. Sooner or later, if they keep saying it, they'll be right. It's like those calling for a bear market. Say it long enough and they'll be right. Meanwhile, those who've been calling for the bear, for two years now, have missed some major gains. I am not reluctant to continue to ride the coat-tails of this American surge. Just hope it keeps going. And, think it will.

To: Rich Investor who wrote (3914)	12/28/1998 11:43:00 AM
From: donkeyman	Respond to of 37507

I was thinking if Internet E-commerce sales rise from US$16 BILLION in 1998 to US$1 trillion in 2003, those yearly rises between 1998 and 2003 will be phenomenal. Starting from 1998, if the sales keep doubling and doubling i.e. In 1998 US$16 BILLION, US$32 BILLION, US$64 BILLION, US$128 BILLION, US$256 BILLION AND US$512 BILLION in 2003, can you believe this business doubling every year and still only reaching US$1/2 TRILLION in the year 2003? That's unbelievable! So therefore E-commerce sales will have to move even at a faster rate, that's incredible!!. i.e. 1998- US$16 BILLION, "1999- US$60 BILLION", 2000- US$120 BILLION, 2001- US$240 BILLION, 2002- US$480 BILLION, AND IN THE YEAR 2003 US$960 BILLION (aprox. US$1 Trillion). Now I can finally see why the Americans our having to pay big bucks for some of those Internet Stocks.!!!

To: Rich Investor who wrote (3914)	12/28/1998 12:09:00 PM
From: Ruyi	Read Replies (1) \| Respond to of 37507

"I have a BComm from the University of Toronto and a LL.B from UBC " My point exactly an academic. Your post # 3906 clearly illustrates my observation. You apparently fail to see how a smaller # of shares in the float could be positive. Your focus is on the # of shares held by an investor, instead it should be the % of ownership in the company those shares represent. The principal of a small float in growth industries is simple. US internet E plays have very small floats , sometimes trading 3X their floats daily. Small floats = short squeezes = higher prices = volatility to the up side or down side. Many of the internet plays are behaving more like the old fashion chain letter than securities for that very reason. When prices get too high and the steam starts running out then a split takes place and the cycle continues for growth stocks. I find it curious that many like yourself on this thread continually point to the US auction houses when talking BII stock price / prospects up. These same people you included however refuse to think those relative values /business models to BII are in any way relevant when the math presented conflicts with your opinion. Just an observation. Contrary to your statement I take no offence, I was making reference to the content or lack of in your posts SUNDAY .