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


To: New Economy who wrote (14488)3/29/1999 4:56:00 PM
From: Professor Dotcomm  Respond to of 37507
 
Good point N/E. Licensing is another story entirely. But even that depends on the use being made of the license. It all ends up as to whether people want the product either direct or thru licensees.

Keep slugging at the CFA. Don't wait until the last minute hoping to catch up - and watch out for CFA part 2. That is the one that separates the men from the boys!

Best of luck, N/A

.com



To: New Economy who wrote (14488)3/29/1999 5:47:00 PM
From: RG  Read Replies (1) | Respond to of 37507
 
Gonorth,
I strongly disagree with your reference to people on this thread ignoring company fundamentals. IF you bothered to read through the posts, you would find that out of any thread, the people on this one have discussed ALL aspects of Bid.com. In fact, more people on this thread were concerned about 4th quarter earnings than those on other Bid.com threads. But, in all due respect, look at the entire year's increase in revenues, not just the last quarter. It was up significantly.

Instead of dwelling on the last quarter, look forward to the future quarters. The past is irrelevant when the company is making changes, moving forward fast, and striving be a top competitor. EVERY company, even the blue chip companies, have poor quarters,etc, and have to make adjustments. MAKING ADJUSTMENTS AND CHANGING is the key to their success. I believe that Bid.com is constantly doing just this.

Some of the issues about fundamentals are ones that effect every Inet company. I have heard analysts state that Aol is overvalued. Aol was downgraded last week by one analyst. IBM just stated recently their earnings would possibly not meet future street expections. The list goes on and on. BTW, AOl and IBM are up today. No one knows exactly what will happen to any particular Inet company, but all agree that there will be consolidation at some point and that is starting to happen. How can you predict the future of ecommerce, when there is no precedent established?

When you consider that a company can open an ecommerce site and sell to an entire country from one internet site, how can you put a value on the future revenue? You are not selling to a person who lives a mile away, you are selling to every potential customer in the country!
It is unprecedented. How many new households will own computers next year? How many people will start buying online next year? How much will they spend and what will they buy? From what sites will they buy? I don't think anyone knows the answers. The internet is too massive and serves too large an audience. But, I do know that shopping online is easy, fast,and saves time. And that, IMO, is exactly what will make it such a huge success.

In reference to Bid.com, it will be management's decision as to how successful the company is. So far, I have seen all of their decisions moving in the right direction. The move to the Nasdaq will generate more revenue for them, along with the Ireland site, future preparations for Australia, B2B commerce, the addition of audio and video to their site,etc. None of these accomplishments are easy to achieve. The Ceo deserves credit for long, hard hours of work and is striving to move this company forward.

BYW, can you tell me what the employee turn over rate is for Aol, Ebay, or Amazon? Since you brought it up as an important issue, you should know this information about other companies.