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

To: SwampDogg who wrote (16224)4/2/1999 3:26:00 PM
From: GoNorth  Read Replies (3) | Respond to of 37507
 
ATTENTION donkeyman! Question. How does fuddle's analysis look to you?

>>fuddle says: BII should see new highs this week...a Nasdaq listing in the next couple of weeks should drive the stock to $30+ CDN in the next month.
There is always a chance that a Nasdaq National listing could drive the stock well over $50 CDN very quickly. Priceline.com IPO this week gave that company a market value of over $11 billion US. The same valuation for BII (a more promising company IMO) would be over $300 CDN...pretty good risk/reward IMO.
Good Luck



To: SwampDogg who wrote (16224)4/2/1999 4:10:00 PM
From: MIghty KC  Read Replies (2) | Respond to of 37507
 
I don't know if Bii will be as high as priceline. A price of 20-30 US is certainly within reach but you have to remember that these IPO's taht came out that soared 50-60 US also has around 80 million bucks in its coffers ($20US IPO x4 million shares) and so this is factored in its value. I don't know how much cash on hand BII has. However I would love to be wrong. IMHO


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