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


To: GoNorth who wrote (10985)3/8/1999 2:10:00 PM
From: Crazy Canuck  Read Replies (1) | Respond to of 37507
 
>>I can't wait to see the big improvement in Bid.com's gross profit rate. With their new sport card and other high margin item strategy it's got to be good.<<

GoNorth - please remember that the sports cards will not hit the 1998 numbers. They were released well into Q1 99. Also, the two top Bid.Com executives have been quoted in interviews in 99 that they are working on improving the Gross Margins etc.

So, in summary, I am looking forward to the 98 numbers - and please don't get me wrong as I'm not trying to downplay them. It is just that I feel that the real interesting stuff will be included in the Q1 & Q2 results as they will better reflect the recent developments.

Crazy Canuk



To: GoNorth who wrote (10985)3/8/1999 2:15:00 PM
From: J-R  Read Replies (3) | Respond to of 37507
 
GoNorth,

I agree that there should be some improvement in the profit #'s, but really all I'm hoping for is that there's not some surprisingly bad losses. But like I said before, the PR machine is rolling now and Godin and the boys wouldn't have bothered applying for NASDAQ unless they knew they had the numbers....

Was it EBAY who analystists projected a loss of $0.xx and they beat that number by $0.03 and the stock skyrocketed? That's what can happen here with some good news (I hope).

Question to all : Is the share price the only factor in whether BII goes big board or small caps?? Does this mean we need $7.50 (the number I've seen thrown around) by the approval date or listing date? Just thinking out loud...

Good luck to all,

Jason