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


To: R.E.B. who wrote (5726)1/13/1999 12:04:00 AM
From: Sans Souci  Read Replies (1) | Respond to of 37507
 
FINALLY we have an analyst stepping up to the plate and putting a price on BII ($10/sh). It's about time, considering that BII is pretty well the top stock on the TSE, for both performance and trading volume. Best part is that he hasn't even factored in growth past F1999 (just about the time when e-commerce will kick into high gear). Thank you Yorkton.

[excerpt: "We estimate that fair value for BID.COM, in the context of the current market, is about C$10.00. We note that this value is based on Q4 F1999 revenues and does not include any future estimates for sales growth...."]

S/S

PS: One really had to be impressed with the strength of BII today. It recovered convincingly from a free-fall and held in strongly on huge volume against a negative backdrop of correcting Internet issues. In my opinion, THIS STOCK IS GOING HIGHER and will soon be trading in the double digits. Holding all shares and waiting for news...