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


To: Sili Investor who wrote (4185)1/3/1999 8:20:00 PM
From: Rich Investor  Respond to of 37507
 
Sili Investor,

You could be right about Q4 numbers release, although I hope they are released much sooner!!

Your other comments about "positive press releases" though are unfortunately based on a large assumption. I strongly, very strongly, feel that such releases will not be good enough to SUSTAIN share prices at the levels we need for NASDAQ by the spring. The evidence of the past simply does not suggest that this is an entirely viable possibility. In all my years of investing, I didn't know of any companies that could keep high stock valuations based solely on a few press releases, but of course things could be different here. I just don't happen to believe it's in the cards at the moment. I realize everyone on this thread (including myself) is so eager to get rich and quickly on their BII holdings that they are willing to wait based on unrealistic timetables for a major turnaround. I totally understand this feeling and have nothing against it, but experience tells me that there comes a point when you may, REPEAT MAY, have to cut your losses/gains and come back another time or move onto something that is gaining some real ground. Just a thought for you and others to chew on, but until the Q4 numbers come out, lets all try and keep the faith.

Kris