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To: MoneyMade who wrote (28)1/5/1999 12:21:00 PM
From: Pluvia  Read Replies (1) | Respond to of 126
 
BIGE Strong Sell Short Sell Rec...

~ BIGE is losing money hand over fist,
~ BIGE must sell stock to keep afloat,
~ BIGE made their revenue look better than it really was last Q - (by almost 20%), by adding "barter" income (which is not income at all), to their revenue figure. Without the barter income their revenues are going down - not up.
~ BIGE was selling via mall kiosks and inline stores. They have lost money just about every Q and product sales have dropped - a complete failure of their business plan.
~ BIGE decided to close their retail biz and focus on the Internet which is going to cut their revenues down to just about nothing.
~ BIGE products (go to their website and look at their products), look like pure junk to me. I don't see anyone buying their crap.

BIGE must sell more stock - practically every Q to stay alive, expect major ongoing dilution - and with their product line, this company will eventual go to zero....

All Comments Are My Opinion Only - do your own research...

Cheers Steve