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

To: donkeyman who wrote (16368)	4/4/1999 10:35:00 AM
From: Syl98	Respond to of 37507

Good Day Donkeyman, Maybe this was cover earlier but let me ask you this. With the Patent, does that mean that any company in North America including Ebay will have to get license from BII if they want to use the technology? Thanks

To: donkeyman who wrote (16368)	4/4/1999 12:31:00 PM
From: Tiger USA	Read Replies (2) \| Respond to of 37507

Hi Donkeyman, My take on UBID vs. BID.COM: UBID has a comparable site to BID.COM. The one key difference is in the quantity of an item available. When you click on a particular computer they will have quantity 24-60 available for bid, while BID.COM shows 2. In many cases, though, UBID's time frame is a couple of days. BID.COM seems to go every day (at least on the U.S. site) UBID's revenues in the 4th quarter 1988 were 4 times that of BID.COM. That can be attributed to those numbers. The KEY difference between BID.COM and UBID in my mind is the Future. It seems to me that companies like UBID & EBAY have developed their sites and STOPPED (other then signing on affiliations and having new products). Looking at UBID's press release page doesn't suggest they are moving forward like BID.COM. They are relying on the increase of traffic, alliances with companies like AOL to make their bottom line bigger. BID.COM is not stopping there. They are looking 3-5 years out. Being in the U.S., Canada, going to Europe, developing new types of auctions, looking forward into broadband cable, licensing, etc, etc, etc. So, maybe their revenues aren't up to snuff with the competition right now. I think their diversification will make them tops in the field down the road. Press release pages: UBID ubid.com EBAY ebay.com John

To: donkeyman who wrote (16368)	4/4/1999 1:38:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 37507

donkeyman, I've been pondering the same type of questions. At a glance, sure looks to me that Bid.Com may be near a short term peak. For starters, after poking through their website several times, seems there's never many items for sale, and the prices seem high at best. I watched the last hour of the dutch auction last Friday night...was not impressed at all with the concept or the participation. From what I could determine, no one bid on anything the entire time I watched. The prices started at what frankly seemed to be ridiculously high and ticked down to what I figure I could buy the stuff for mailorder...then the auctioneer would say he couldn't go any lower, and the remaining time would tick off with no bids. Seems the concept could work if folks truly had an opportunity for a bargain, but I wasn't seeing it. I haven't checked out UBID will do so tonight. I have been on EBAY and off the top of my head they appeared on an entire different level than Bid.COM. I would appreciate others thoughts on this. I have been attempting some valuation comparisons...on the surface sure looks like BID.COM may be close to fairly priced based on a market cap and revenue comparative basis with UBID and Onsale, though again I have not visited either of their sites yet. Appreciate any comments. sf