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


To: Steve Fancy who wrote (18843)4/11/1999 1:33:00 PM
From: Sulayman  Read Replies (1) | Respond to of 37507
 
A few weeks ago we were all waiting for a news release on what's happening with Ireland. I for one am glad that that bit of news hasn't come out yet (officially) since it may make for a phenomenal jump after the Nasdaq listing. All this kind of news is better after the listing and will make us all a lot richer. Go Bids Go.



To: Steve Fancy who wrote (18843)4/11/1999 1:40:00 PM
From: Tiger USA  Respond to of 37507
 
Steve,
There are a lot of things taking place at BID.COM and at their site(s). They have been adding new products all the time. I do not see a tremendous selection difference among the pure company to consumer auction sites. EBAY, with their person to person auction site has a different approach and there are many more "garage sale" items there. For the most part the business to person auction sites (BID.COM, UBID, etc.) have a different vision.

Pricing seems to be comparible for what I've seen. An argument was made (I think by Denise) about how Amazon.com's prices were higher for items than at the local book store, especially when you take shipping into consideration. Its a matter of preference (go to store or shop online). Sometimes the demand for items causes the price to accelerate higher than others (as evidenced by the posters and hats LOL). I got a computer (300 Mhz) from BID.COM at a great price, just was there at the right time.

The dutch auction site is a new concept, and it could be argued, not well understood by the masses. It will be BID.COM's challenge to both educate and promote this potentially big source of revenues for the company. As Godin said, This could be their "ace in the hole

The company also has many other revenue streams in the works as posted by others earlier. They all combine to make a highly diversified and interesting prospect.

John
To learn more about BID.COM:
tiger-usa.com.bii.html



To: Steve Fancy who wrote (18843)4/11/1999 1:47:00 PM
From: Thomas Kirwin  Read Replies (2) | Respond to of 37507
 
Steve,

You make some very valid points regarding the shortcomings of Bid.com's web site!

1) Limited selection!

2) Outrageous prices!

3) Dutch Auction concept lacks appeal - Great in Denmark for getting ride of Tulips!

4) Lack of actual bids & participation!

Great post...

Message 8839157

Tom



To: Steve Fancy who wrote (18843)4/11/1999 2:51:00 PM
From: GoNorth  Read Replies (2) | Respond to of 37507
 
Tiger, the reason you haven't received a response it because your observations are correct and few here want to deal in reality.

>>Tiger, I have raised these concerns a couple times on this thread...no one ever responds




To: Steve Fancy who wrote (18843)4/11/1999 3:30:00 PM
From: gordon  Respond to of 37507
 
Steve, One has to factor in all the business aspects of bii and not just the auction site itself and Waldo does this much better than I. Bii concentrates on developing it multi faceted business scope which is the precursor to a multi faceted revenue outcome as well, that is what we are investing in, the long term picture, which has great potential.
Gordon