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

To: Boolish who wrote (24270)	4/22/1999 12:58:00 PM
From: Cameron	Read Replies (1) \| Respond to of 37507

>>>It may take a while to restore investor confidence and the accounting incident is an issue that will need to either be resolved or become forgotten with time. The quarterly results I believe will be crucial. I don't think we have too worry too much about investor confidence.. this has definitely moved from the Canadian arena to the USA. There are a lot of hurting Canadians but the demand will come from US buyers at this point... who I still believe will see this a a bargain in time. The accounting issue is a non-issue. See earlier post (about midnight last night) re. Deloitte & Touche and accounting practices. I agree with you that the Q1 results are and always have been critical. Valuations on these stocks is driven by project revenue potential. Based on comments made by bids recently to the media I'm pretty confident we'll see impressive revenue growth Q1 vs. Q4 and I don't think their press releases will stop there.