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


To: Sili Investor who wrote (5350)1/11/1999 11:15:00 PM
From: scott  Read Replies (1) | Respond to of 37507
 
>> WOW. Can your believe this talk about consolidation
>> and buyouts! Talk about fueling the fire!

>> I, for one, think that BII may be ripe for a takeover...<snip>

I have lost money going long, yesterday i made money shorting it, today i lost tons of money shorting it, pulled a 180 and went long... whats left? to make money going long!!!

So please dont flame me anyone, but WHY would any company buy out bid.com ? I dont get it? I mean i could understand if the shares were to go on a serious tear from here, with the valuations the markets are giving to anything with a website. But what does bid.com REALLY have that another company would pay a big premium for for? I dont imagine its book value.

Could someone explain who could a potential suitor be and what do they see in bii.