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


To: RG who wrote (22402)4/19/1999 4:29:00 PM
From: mccowaner  Read Replies (1) | Respond to of 37507
 
They commented on CNBC just now that the stocks that have taken such a beating this past week or so are now back to the prices they were at about 30 days ago... draw your own conclusions...

When I look at the track for BII... the Nasdaq on 4-20-99... next good news in the earnings report in early May.... after that will be the announcement of the Ireland office in late May or June and then in July will come another earnings announcement. Then Australia ? It seems the series of stages of development coming up will maintain prices and keep interest high.

Just checked with my broker and he says BIDS is not showing yet, but probably will be in the AM....VERY LONG and happy... Cheers... Mac



To: RG who wrote (22402)4/19/1999 5:08:00 PM
From: GoNorth  Read Replies (2) | Respond to of 37507
 
RG, I guess we could say every company has 'potential' but it's not only potential that determines value. If I remember correctly there are 100's of auction companies on the net and could we not say they also have 'potential'?
BII's problem is as I've previously stated. So so sales, so so growth and puny gross margins. (I could add so so selection, limited advertising and marketing, unknow ability for their system to scale up)
When US investors do their DD and ask what potential BII has, I'm saying they are going to find 5-8 other auction companies that have more potential and in the short term there are not going to be more than a handful of high flying auction companies.