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

To: mike machi who wrote (7664)	1/28/1999 11:57:00 AM
From: Adamson	Respond to of 37507

Bid.Com mentioned as a good value in today's Globe & Mail newspaper, from article entitled "How to price Internet mania." (I have to type this so any typos are my fault) >>>Brendan Kyne, a portfolio manager who oversees AGF Ltd.'s 20/20 RSP Aggressive Equity and RSP Aggresive Smaller Company funds, said many investors have become cautious about the Internet because of some sky-high valuations. But it would be a mistake, he said, to use that as an excuse to avoid the sector completely. he dismisses suggestions thta the Internet has the same irrational exuberance as the tulip bulb craze in Holland in the 1600s. Instead, Mr. Kyne said investors must be selective to find stocks taht are reasonably valued. One tool used to filter out the on-line haves from the have-nots is the ratio of market capitalization to revenue, a measure that provides a rudimentary snapshot about valuations. Using this methodology, he said Yahoo Inc. has a market-capitalization-to-revenue ratio of 85. In Canada, Bid.com has a ratio of only 2.2, while Uniglobe Travel online Inc.'s is even lower at 1.6 based on expected revenue this year.<<< Happy Trading! Adamson