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


To: Daytek77 who wrote (6467)1/18/1999 2:57:00 PM
From: IdiotJed  Read Replies (1) | Respond to of 37507
 
<<Is UBID fairly valued at more than 3 times the market cap of BII?>>

But BII has more than 4 times the number of shares than UBID. But that's not the point. What's a fair value for an Internet stock? Common sense would lead to think that the price for both is much too high. But this is the Internet mania. The more fuzzy the future, the more the loss is better for the price. Just know that this is a cat and mouse game. Don't get me wrong. The price of this stock can go much higher than it is now, especially if it goes on the Nasdaq. Then it will become a what an Internet stock really is: a daytrading vehicule.

IdiotJed