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

To: Ruyi who wrote (5105)1/10/1999 6:35:00 PM
From: Ditchdigger  Respond to of 37507
 
Doug,I'm certainly not thrilled with the number of shares,but one has to wonder,when considering the float size of some of the competitors,if BII isn't a bit more attractive to institutional investors on that basis(how many institutions are willing to invest in a 5mm float company?). I also seem to think the higher share count may result in less volatility..just some thoughts..DD
PS: hows that for rationalization<lol!> But,BII's backers aren't venture capitolists(how do you say? Bay St. bandits<g>),they are respected(by most) corporations..



To: Ruyi who wrote (5105)1/10/1999 7:49:00 PM
From: Sili Investor  Read Replies (1) | Respond to of 37507
 
>>>AS to BII if they were so flush with cash in SEPT. why the need for more cash in Nov.<<<

Doug, do your homework. It's in the prospectus. Oh yea, you can't read financial statements and you can't read a Prospectus either. Better go back to school!


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