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


To: W Lloyd R who wrote (7127)1/23/1999 4:31:00 PM
From: The Osprey  Read Replies (2) | Respond to of 37507
 
Most analysts don't have a clue when it comes to inet stocks.......so they keep saying the bubble will burst.......no fundamentals.... the bubble will burst.....and no fundamantals for valuation etc.etc. and if they say it enough eventually they will be right when the market corrects on a breather with these stocks.Like oil in the 70's pharmaceuticals in the 80's and software in the 90's the next step in the evolution has begun and too many old school ratio guys are lost.
They have no way of doing acid test ratio's or P/E's or any other ratio for that matter. They sit by and wait for a correction and when it happens everybody and their dog gets on the bandwagon and says I told you so showing their stupidity twice.Then when the markets rebound they look stupid the third time.
One thing I have found with I-net stocks is to diversify and watch out when it is just about reporting time.Err on the side of caution but catch the wave and the heck with all the smart analysts.

Osprey



To: W Lloyd R who wrote (7127)1/23/1999 4:58:00 PM
From: Cookie Monster  Read Replies (1) | Respond to of 37507
 
He started to change his mind because the Internet stocks are now way oversold. They have come off 40-60% in some cases. If a stock like IBM was off 50% in a week.....a hell of a lot of people would be buying it. I wonder why people say the bubble is bursting, just because a stock comes off 20% in a day. People have to realize these stocks are up 100-600% since October's lows. What the $##@$% of course they are going to correct as investors take profit! Until they begin to lose most of thier gains.....I refuse to buy into this bubble bursting theor. I suggest everyone read a book called Boom Bust and Echo 2000, it will lay out demographics and the future of business for you. Apply these principles to the Internet and you will see why companies like AOL, YHOO, and others will dominate retail worldwide in the next decade.

Later,
CM



To: W Lloyd R who wrote (7127)1/23/1999 10:03:00 PM
From: Sili Investor  Read Replies (2) | Respond to of 37507
 
>>>sili Investor I to just watched CBC investors-online where the analyst said it "might be a buying opportunity". What I find ironic is that was the same analyst a month ago that said internet stocks were way over priced. What do you think is he starting to see the potential of e commerce and has changed his tune? <<<

Sorry, I didn't catch the analyst's name. But his thought was that only 3-4 hours after Greenspan's comments some of the internet stocks started rebounding. He said there were obviously some that were overvalued but he thought specifically that BID.COM had more upside potential than downside, given valuations of others internet stocks.