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

To: RG who wrote (16357)	4/3/1999 11:12:00 PM
From: SirVinny	Read Replies (2) \| Respond to of 37507

Hi RG, I must admit I stumbled into this stock accidently earlier this week. I don't know much about it other than the recent articles I've read and what I've learned here on SI. All the talk of $50 - $100 valuations got me a little excited. I dream of stock hitting $70 so i can make back what I lost in DELL in last couple of months. I see my investment here more as a gamble, than one based on fundamentals. Mind you, when it comes to NET stocks, fundamentals is not part of the vocabulary. Although I have my fears and reservations about BII, I look at other NET stocks and say to myself..."Well, why not BII". I have two concerns right now. Hopefully someone reading this can ease my concern: 1) BII ONLY HAS SLIGHTLY MORE THAN 1000 SHAREHOLDERS. (at times I get the feeling they're all here on SI ) 2) BII HAS SALES OF $14 MILLION/YR (How can a $14mm/yr company justify share valuation of $50-$100 ??) Thanks, SirVinny