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


To: Muwamba who wrote (11151)3/10/1999 12:38:00 PM
From: RG  Read Replies (1) | Respond to of 37507
 
What do you all think of this post from the Yahoo board?



>>>>Bid's Spectacular Numbers - Tell your friends!!
by: Married_to_a_canadian (40/M/New York, NY) 913 of 915
Here's why we're patiently waiting for NASDAQ:

eBay's 1998 revenues = US$47.4MM
BII's 1998 revenues = C$20.1MM, or about US13.15MM

eBay market cap = US$20BB
Because BII's revenues = approx 28% of eBay's, BII's market cap on Nasdaq should be about US$5.6BB, which equates to a share price of somewhat in excess of ***US$100***.

Granted, eBay, as the number 1 auction site, may be entitled to a small premium, but even so, BII's significant undervaluation is self-evident.

Keep your seat belts fastened. <<<<

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