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


To: NTT who wrote (25089)4/23/1999 4:19:00 PM
From: ysell  Read Replies (2) | Respond to of 37507
 
What were Ubid's revenues?



To: NTT who wrote (25089)4/23/1999 4:31:00 PM
From: WhatsUpWithThat  Read Replies (2) | Respond to of 37507
 
UBID actually closed up just over 35%. Still pretty good <g>.

Revenue growth was fantastic, 42% over Q4 1998, can't take that away from them!

OTOH, Dagan and GN, note:

- losses of .27 per share before a non-cash charge and .37 after
- gross margin is 8.7 (was 8.5 in Q4), better than BIDS but from your comments still very miserly, very weak
- cash in the bank is about $37M CDN ($25 USD) vs BIDS' $29M (at last report) and plaudits for their strong balance sheet

Yet stock was up 35% today to $69USD. I think you better scoot on over to the UBID thread and help them see the error of their ways.

Link: clearstation.com

WUWT