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


To: GoNorth who wrote (23733)4/21/1999 3:59:00 PM
From: NTT  Respond to of 37507
 
>>>PS: they may spend millions but it doesn't look like they want to spend billions.<<<

It depends. When a company like EBay which started off selling Pez dispensers a couple of years back has a market cap greater than the GDP of many small countries, I think it's easily plausible to think that they would issue a share swap for a company like BIDS. It's all absurd, I agree, but that's how the world works right now. In my opinion the dutch auction patent has a lot of value and if other companies are forced to license it, they would lose "real dollars" as opposed to a simple stock swap of paper money. They can afford to throw away extremely inflated paper money, but they can't afford a writedown from real revenue.