To: Ruyi who wrote (5107 ) 1/10/1999 8:17:00 PM From: Sili Investor Respond to of 37507
Doug, do your homework. Read the prospectus. Then when you find something false with my statements, quote from the Prospectus where I have erred. You won't find errors, they don't exist. I decided to pick apart your statements. They are so full of garbage! >>>SILLI again you post false hype. <<< Hmmmm, false hype....doesn't that mean the truth! >>>YOUR math is WRONG $12.8 mill. losses till end of sept. they raised money to cover them. <<< Correct this time Doug. They did raise money to cover them. How else would they have $15M in the bank! >>>I suggest you read wording and timing very carefully. <<< I understand financial statements. Used to be a senior officer and insider of a technology firm. I've posted correct, accurate information and provided a link to such. >>>As well if they did $8 mill. this last quarter then with their historic loss rate that's another $7.5 mill. in losses. POOF, most if not all the money raised to-date and maybe more is gone. <<< Firstly, thank you for admitting that Bid.COM's revenue is improving. We all like to hear that! Just because they have more revenue, why does that mean higher losses....must be your math again. Doug, you never were good at financial statements, prospectus and the like were you? >>>Maybe why the continuing dilution.<<< There has been no continuing dilution. Just a normal financing to, maybe, get them to the Nasdaq. Maybe they used the money to help create the business-to-business model they have now employed with ASCII. Maybe they used the money to help propel them in the European market, which may be announced shortly. Maybe they used the money to develop new software and technology for the cable deal they may announce shortly. I've posted exactly how they got to 52M shares, of which only 32M outstanding. Doug, do your homework. Read the prospectus. Then when you find something false with my statements, quote from the Prospectus where I have erred. You won't find errors, they don't exist.