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

To: waldo who wrote (4808)	1/7/1999 2:59:00 PM
From: arisetech	Read Replies (1) \| Respond to of 37507

4.86x4.87 Tim

To: waldo who wrote (4808)	1/7/1999 7:05:00 PM
From: Ruyi	Read Replies (1) \| Respond to of 37507

Waldo here is a comparison BII vs. Amazon . You seem fond of using Amazon as an upside price example for BII . In fairness AMAZON has become an Internet bell weather , if there is such a thing . Amazon is trading at 25x sales / BII trading at 13x est. sales . If all other things were equal( which they are not) , projected margins, , market share, ease of entry for competition, growth , brand recognition etc. BII today as compared to Amazon is worth $10.00 Canadian . While that is double today's price it is not a moon shoot. A very nice return none the less,if it gets there . If you look at projected margins however, AMZN 15% BII 8%. BII is currently priced equal to Amazon. That is assuming both hit projected margins. Auction houses normally don't do much better than 5 % (BII currently less than 3%)if BII only hits the 5 % then its worth only $3.50 CAN. relative to Amazon. I think maybe even the TSE runs effecient.