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


To: RG who wrote (23069)4/20/1999 1:27:00 PM
From: CBurnett  Respond to of 37507
 
OK folks..looks like we have ourselves a trading range...good enough!



To: RG who wrote (23069)4/20/1999 1:28:00 PM
From: wpckr  Respond to of 37507
 
RTQ 13.625 4991.1K 1325 What the? Nervous Nellie we are today.



To: RG who wrote (23069)4/20/1999 1:33:00 PM
From: lib  Read Replies (1) | Respond to of 37507
 
I understood USCT as being a conglomeration of u.s. securities traders. If you were to do a search on yahoo, you get the U.S. Coloured Troops, and I highly doubt they're doing all the selling on this...



To: RG who wrote (23069)4/20/1999 1:56:00 PM
From: Cameron  Read Replies (2) | Respond to of 37507
 
Couldn't help but notice the reference in the article to $50mm revenue for the year vs. $13.1mm US for 1998. Company is obviously expecting continued strong growth, although below their Q4 level of +426%. I suspect that they are being conservative but Q1 results will help tell the story. Clearly they aren't going to say $50mm today and then come out with Q1 earning below $10mm. $50mm would put them well ahead of where UBID is today.

Significant GP improvement in Q4 to 6.9% from annual average of 3.6% bodes well for profitability on increased revenue base in 1999.

bid.com significantly outspent UBID on marketing in 1998 with spending of $8.2mm. While impacting short term profitability this is clearly an investment in the future to build long term brand equity.

IMHO - pro forma analysis indicates a net loss of approx. $.21US, roughly 1/2 of where UBID is today.

UBID trading at $45 7/8. Do your own DD.