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


To: SwampDogg who wrote (24372)4/22/1999 2:05:00 PM
From: Cameron  Read Replies (1) | Respond to of 37507
 
It is still a better company than uBid for all the reasons that have already been stated and revenue/GP are catching up quickly. We've certainly come on the scene with a big bang... and NASDAQ traders are doing their own DD to find out what all this volume is about!!!

The NAS traders have had lots of exposure to internet companies... they have a valuation model already in place. (ie. Given relatively fixed and relatively low operational costs they know that revenue potential makes all the difference. If you can drive revenue you'll disproportionately drive long term earnings growth once you reach critical mass.) They'll reach the right conclusions!!!

Sit tight and give them time to assess the new kid on the block. I do agree that it would be great to close up for a change though. We might even get more headlines....