Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: reg who wrote (7502)	1/27/1999 1:56:00 PM
From: donkeyman	Respond to of 37507

Reg, In the delivery of Internet e-commerce products alone I would say in the 1000's, and growing fast.!!!

To: reg who wrote (7502)	1/27/1999 3:12:00 PM
From: Crazy Canuck	Respond to of 37507

>>Everyone is saying the same. Industrial revolution II. Trouble is that these companies are already priced like industrial giants and few are profitable. It's insane. GM employ's 600,000 people and pay's them well. How many people are employed by AOL or AMZN? How about BII? Ebay at $10 billion U.S. is nut's. Most of the stuff listed is crap and a lot is not what the seller's are claiming. Saw a pair of "sheffield plate" candelabras listed for $1500 U.S. circa 1890. Trouble is Sheffield plate stopped being made around 1830. Buyer beware! << Can't argue with you. Some of the Internet companies are indeed smoke and mirrors. They are are growing on hype - they have a weak business plan or do not have a management team who can take them into maturity. However, how can anyone argue that the companies who reach a vast market, have reduced capital tied up in bricks and mortar, who have strong and visionary management, and who bring efficiencies to its customers will not grow rapidly. Whoda thunk it that a guy who sells you a mostly empty cardboard box with a 40 Cent piece of plastic in it will become the richest man in the world. One share of Microsoft when it hit the market has split to now be 144 shares. What many of these companies are doing is that they are bringing efficiencies to the existing businesses. If you want a good example, look to how bar coding has improved accuracy while also reducing the needs for accounts payable departments in many progressive companies. My grandfather was a blacksmith . My Mom tells me that at one time they were considered as one of the more wealthy families in the community. As cars came on the scene, he was slow to recognize the impact and he eventually had to change his occupation. And yes, there were travelling salesmen back then who would fleece the unsuspecting. So buyer beware is still the credo. I believe that we are indeed in a revolution and I see some staggering opportunities to profit from what is going on - that is if you are looking for them.