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

To: donkeyman who wrote (11628)	3/15/1999 4:53:00 PM
From: GoNorth	Read Replies (1) \| Respond to of 37507

donkeyman, first of all let me thank you for these good questions. Here is my response. >>This bit about Bid.Com only trading 15 times revenue and VERT 170 times revenue and EBAY over 400 times revenue. What kind of weight would you think that will hold when it goes on the Nasdaq to American shareholders?--Will they allow BID.COM to have 150 times revenue.??--Is that determined by outstanding shares times the share price.?? GoNorth says: I don't believe this is a question of 'them' allowing anything. It's a question of what the market believes the future will hold for Bid.com. If the market believes Bid.com will play a significant part in the e-commerce future then the valuation will rise - if not the valuation won't rise. >>When Mr. Godin was interviewed on CBC TV Business World back a few months ago, he mentioned they're not an overnight Internet business, they've been working at it for 5 years. GoNorth says: of concern here is the fact that Bid.com is 5 years into it and we're still talking about so so growth rates and razor thin margins. >>What I liked about the interview was his (Godin) plans had a global perspective. They were hoping to make money from 5 different areas and he showed a lot of faith in business-to-business down the road. GoNorth says: when you say they were/are 'hoping to make money' is the choice of the word 'hoping' yours or is this what Godin said?