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

To: GoNorth who wrote (23260)	4/21/1999 1:40:00 AM
From: WhatsUpWithThat	Respond to of 37507

GN, you wound me deeply! <g> Let me run over the history of the thread: You posted a message that said, based on BIDS' 3.9% gross margin you estimated a $400M breakeven. Cameron responded in depth with a rebuttal, using the latest gross margin, illustrating that breakeven was more in the range of $140M, I believe, and that he figures that would come in 2001. I'm not arguing for him, just reprising his post. You responded - rather didn't really respond - with something of a non-sequiter, that now BIDS is on NASDAQ "with the big boys" and things are rougher and tougher than they were. A non-sequiter, I suggested to you, because it avoided debating Cameron's analysis and instead dealt with issues that could be argued to affect the share price and BIDS' trading success on NASDAQ but could not demonstrably affect the gross margin, breakeven, and other strictly business model issues. I look forward to your well reasoned response. WUWT