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

To: Ruyi who wrote (11358)	3/11/1999 11:25:00 AM
From: reg	Read Replies (1) \| Respond to of 37507

An analyst on CNBC said that in 3-6 months the internet sector will melt down. The mania continues unabated but sooner or later people will realize that the internet companies will never have the profits to sustain their huge market caps. AOL is the exception and maybe some of the other portals. The bulk of Etailers will succumb to intense price competition. Nobody seems concerned that BII's revenues have barely budged in 6 months. Compare this to AMZN's last 6 months and you can see why the share price is not appreciating recently. They are holding at $6 for Nasdaq but may be buying a pig in a poke.