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

To: donkeyman who wrote (6495)	1/18/1999 9:46:00 PM
From: Rich Investor	Read Replies (1) \| Respond to of 37507

Getting good feedback this evening aren't we? That's good. I understand where you are coming from Donkeyman in your comments about Ebay and such, but Ebay is in the US market where anything is possible. BII is not there yet and if and when it does arrive, who knows what will happen. You are certainly right in this regard. However, due to BII's laggard position in the online auction game compared to its American rivals, its performance on NASDAQ may not be as hot as some assume. Sure, momentum and daytrading dominate, but if analysts continue to point out BII's weakened position compared to EBAY, ONSL, EGGS etc. enthusiasm for this stock may not be as great as we think. Remember, that those that buy these stocks are doing so not just for a quick buck, but also because they supposedly believe in their future potential as a revenue generators. If BII can't even compare to EBAY, ONSL etc. margins for example at present, then some may begin to seriously question the company and its potential. Like it or not, this will affect share prices. Your comments about BII's global strategy almost merit comment. I agree the potential is there for huge success in the Euro market, but BII is nowhere near being in the position financially to pursue such aggressive expansion plans. The listing in Germany is aimed at changing that obviously, but success is far from assured. They really can't even begin to look across the Atlantic until they clean up and solidify their operations in North America. They have much work to do yet in this respect. You once mentioned to me that American auction houses might consider pursuing operations in Euroland before coming north. I hope you realize that if they do, given their superior financial position, BII's chances over here will be severely diminished.