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

To: Cameron who wrote (23160)4/20/1999 4:29:00 PM
From: GoNorth  Read Replies (2) | Respond to of 37507
 
Cameron, each to there own. Sounds like you're staying long. Good luck.
PS: I did a rough calculation sometime ago and it suggested BII would need to generate something like $400M in sales just to break even. I guess you're saying that's just around the corner but I believe it's way way down the road.

>>High volume/low margin is fine in my books..



To: Cameron who wrote (23160)4/20/1999 4:31:00 PM
From: wpckr  Read Replies (2) | Respond to of 37507
 
Looks like the Canadians have all they want for now and the U.S. investors haven't found out about us yet so they haven't started buying. Patience!



To: Cameron who wrote (23160)4/20/1999 5:54:00 PM
From: White Shoes  Read Replies (1) | Respond to of 37507
 
Of course, with Loblaws, they don't have much competition, and there are significant barriers to entry. Try getting $5 million in venture capital and starting up a huge supermarket chain with a store on every second corner.


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