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


To: Denise D who wrote (10871)3/5/1999 5:05:00 PM
From: Rich Investor  Respond to of 37507
 
>>Seems to me like they're the ones who have already been beaten to the punch - by eBay<<

Not really Denise. Perception as you know is nearly everthing in the market, and if investors see BIDN (which they most likely do already) as the next eBay, they will realize $100+ much faster than BII. In fact, BII will never see such valuations, but BIDN will due to its low float and O/S size. The current price almost appears like an IPO!

Even if BII does gain extra exposure as a result of a NASD listing, I don't think it will have anywhere the same kind of exposure as BIDN appears to getting already. Even with a functioning website at present.

When I said they could steal BII's "thunder" I meant that the market will probably have had their fill of "online auction houses" for a while and move onto something different or unique. BII is not unique (even with the B-to-B and licensing deals) and its only a matter of time before other competitors come forward with the same kind of business plan (without the crappy website as a cover) JMVVVVHO of course.