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


To: F. Evans who wrote (18851)4/11/1999 2:14:00 PM
From: Thomas Kirwin  Read Replies (4) | Respond to of 37507
 
Not a Short!

Frank,

IMHO - like many others that have bailed I wanted to voice my opinion that the stock has reached full value based on fundamentals and personal experience with many web based auction sites. BII pales in comparison.

I've been burned more than once on story stocks and BII fits the bill.

1) The so called cable deal?
2) Rosy future growth prospects while quarter to quarter growth shrinks.
3) Slim or non-existent profit margins.
4) Lack of Business-to-business auction news or alliances.
5) Fierce competition by better established auction companies.

Etcetra, etcetra....

Should BII continue its ascent that's great for all current and new holders. It pains me to see so much hype based on rumor and third party conversations. Let me hear it from the company!

My previous over zealous posts regarding BII were based on the excitement generated as my initial investment grew over 700% in five (5) short months or is that sixty (60) internet days if one (1) month equals one year in internet development and growth terms?

Anyway, I'll wait for the announcement, the expected drop and may buy back in if and when the stock drops to a valuation target set by myself. Just like any other IPO!

Good Luck!

Tom

P.S. I still like my poster. In fact, its being professionally framed. The shop naked poster will always bring a smile to my face regardless of BII's future stock price.