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

To: donkeyman who wrote (15764)	4/1/1999 12:19:00 PM
From: Barry K	Respond to of 37507

My friends, There is absolutely no limit for Bid.Com take a look at this article from the Motley Fool site. And who thinks patents, don't matter? "Beam me up, Scottie! In ordinary times -- that is, Before the Internet (BI) -- one might have said that the stock of e-commerce intermediary Priceline.com (Nasdaq: PCLN) has boldly gone where none has gone before. Initially priced at $12 to $14 a share, Priceline fell into the hands of lucky IPO buyers at $16 a share yesterday and rocketed to $69 once the rabble got their hands on it in the open market. Today, the stock closed up $13 7/8 at $82 7/8. Based on 142 million shares outstanding, the company now sports a market cap of about $11.8 billion. Not bad for a start-up that opened its doors for business just last April and generated a $114 million loss for 1998 (including some major one-time charges) on a measly $35 million in sales." .......and the article goes on to say, "That's not to say that Priceline isn't an interesting story. It certainly is. For starters, the company has created terrific brand awareness with a relatively modest $24 million in sales and marketing last year. More important, its business model is built for the Web and at least somewhat protected by two method patents and 18 pending process patents"........ The full story is at: fool.com Regards, Barry

To: donkeyman who wrote (15764)	4/1/1999 3:33:00 PM
From: RG	Read Replies (3) \| Respond to of 37507

>>>>Look at those who purchased EBAY at Cdn$27.00/sh on day #1 on the NASDAQ they didn't dream those shares might hit Cdn$100.00/sh in six (6) months let alone nearly "a high" of Cdn$800.00/sh (US$525.00/sh.)??--Now EBAY has a Market Cap of US$18 billion (Cdn$27 billion) BID COM haven't hit Cdn$1/2 billion yet.???? Donkeyman, From the initial IPO, Ebay went up from about $30 to $225 in 3 months! From the initial IPO, UBID went up from roughly $40 to $175 in less than one month, then over the next three months settled down to the $65-$80 range! The CEO of Bid.com should keep this in mind. Particularly that of Ubid. If Bid.com were an IPO, it would do what recent IPOs have done, rise to at least $100 a share and settle back down in between a range of Ebay and Ubid. In one of my earlier posts, I quoted the Wall Street Journal on how they price inet IPOs. If this stock is handled well, there is no reason why we can't see a similar valuation as Ubid IMO.