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


To: Mr. Forthright who wrote (12096)3/19/1999 12:18:00 PM
From: Sili Investor  Read Replies (1) | Respond to of 37507
 
>>>That being said, a listing and US sponsorship won't help much long term if a company continues to be grossly overvalued. <<<

You make an assumption that the company won't deliver on its stated business plan for it to continue to be overvalued. On that, neither one of us has a crystal ball, so we may disagree about the company's future. Secondly, a company is only overvalued if, in comparison to its competitors, is overvalued relative to them. In this industry, BII is not overvalued.