Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: waldo who wrote (14616)	3/30/1999 9:25:00 AM
From: RG	Respond to of 37507

Hi everyone. I wanted to comment on a couple of articles I read in the Wall Street Journal on Monday. First, Amazon does not pose as competition for Bid.com, which is good news. It does however pose competition for Ebay. Amazon's auction site is involved in consumer to consumer. Great news for Bid.com! Not so great for Ebay. Second, I read an article about internet IPO's. "Wall street seems to err on the side of largess when pricing Web initial public offerings. Bankers used to use a pricing criterion that has included comparing the number of hits on a web site. But that system has proved a very imprecise science. Now, underwriters are apparently pricing deals based on little more comparable information than how much money another Internet concern raised a few days earlier. This is a comparable game. The predominant thought concerning the latest IPO dynamic is that the companies taking their shares public should raise as much as they can while the euphoria lasts. The issuers are tired of leaving money on the table when they know the markets will support higher pricings." What does an IPO have to do with Bid.com. Bid.com is not an IPO, but I wanted to bring this to everyone's attention. If Bid.com were an IPO, it would be priced like Ivillage,etc. Now, what can be done to achieve the same pricing levels as Bid.com's other IPO's on the market? Anyone have any ideas about how this company might achieve this? Compared to it's counterparts,(other IPO's recently listed on the Nasdaq), Bid.com is a buyer's dream. I wonder how this company will get the attention of major backers to make it fly just like it's brothern internet IPO's.