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

To: GoNorth who wrote (11662)	3/15/1999 10:09:00 PM
From: Jack Kennedy	Read Replies (4) \| Respond to of 37507

Jack agrees with GoNorth! LOL Seriously I think BII ought to focus more on the US market where the real money is and the company has yet to make a mark. Since it isn't a very large operation yet, I believe its best to focus on building a foundation in one market versus two and stretching yourself too thin. The European prospects do seem intriguing and no doubt the growth potential is enormous, however, E-commerce is still largely a North American phenomena that has yet to take hold in Europe and the emerging economies of Europe (ie: Eastern Europe) I feel there is still plenty of time for BII and others to focus on European expansion, and I also believe that their business in Europe will not have much of an impact on their financials short term. Longer term is a different story and because this industry is so fast moving and consolidation is inevitable, BII might find itself having to partner up with a competitor to tackle that market more effectively than splintering it with several with each company trying to cut into the others business.

To: GoNorth who wrote (11662)	3/15/1999 10:14:00 PM
From: Boolish	Read Replies (2) \| Respond to of 37507

Cover your short GoNorth....don't you get it...(1)nothing you have to say on this thread whether good or bad will effect the price of this stock. It is now out of all of our hands. It is destined for Nasdaq. (2) can't you see the way the world is changing. Soon all industrial nations will take an active part in e-commerce. The fact that Bid.Com is moving to Europe only proves to me that they are a step above the rest and have the preminition to take on uncharted lands. Others will follow...but this time we will be the first.

To: GoNorth who wrote (11662)	3/16/1999 12:03:00 AM
From: Denise D	Respond to of 37507

GoNorth, Thanks for your input, though I'm not sure I agree with it. On Europe – • I don't believe BII is taking its eyes off the US market, but I think in this case they are concentrating on critical mass (I'm embarrassed by how often I use that term, but it is so darn important). • It is important to be the first. I once posted an article from the 28-Jan-1999 edition of the NP, where Mr. Seeman opined: "This effect is variously referred to as a self-reinforcing cycle, a virtuous circle, positive feedback, or my favorite: lock-in... How do you achieve lock-in? The easiest way is to be the first. Yahoo was the first. eBay was first. Amazon was first. Being first helps immensely to get that critical number of users necessary for the business to take on a life of its own: critical mass." Message 7607616 • Here's another good reference site, with links to other informative sites, for convergence in Europe: ispo.cec.be • "Personal expenditure on computer hardware and software is increasing rapidly and the rate of growth in online services and Internet access is currently very fast. Some providers are seeing a 20% monthly increase in subscribers without a significant drop in average revenues per subscriber."¹ • "Once people think of the product as mainstream, it becomes mainstream. If this perception does not develop, the product will fail. However once market confidence is established take-off into a mass market can be rapid."¹ • Regarding the US being hot, hot, hot (your words), "The rapid growth in Internet subscribers would suggest that the Internet has passed its discontinuity, but the case is not fully proven. Internet subscription is not a stand alone product since currently you need a high specification PC to access it. People with such PCs are subscribing but this does not mean it is a mass market product as penetration of such machines is still small. There is also early evidence in the US that penetration has peaked at around 25% of the installed base of high A-specification PCs."¹ On Dublin – • Obviously I am not expecting record revenues in this area, but I do think with the large number of high-tech people and companies who have relocated to Ireland; the large exports in the electronics and software area; and the significant efforts on the part of the Department of Enterprise, Trade and Employment, together with other departments, we can expect to see a large interest in e-commerce. I think Bid.Com will benefit from that. On Interactive TV – • I think if something actually materializes in 1999, the interest from the market will be enough. Just one sought-after or well-publicized item up for bid will create media attention (do I have to remind you of Mark McGuire's multi-million dollar baseball?). Maybe an autographed copy of Monica Lewinsky's book? (That's a joke.) Denise. ¹ Report for the European Commission (Part II) Public Policy Issues Arising from Telecommunications and Audiovisual Convergence, KPMG Management Consulting, September 10, 1996.