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

To: Zima who wrote (25170)	4/23/1999 8:31:00 PM
From: Ruyi	Read Replies (4) \| Respond to of 37507

I suggest you do your home work little boy , I've done mine .Ths news paper reported that BII has been charging these losses to promotion unlike Ubid or other auction houses. That is why BII showed a better gross margin .

To: Zima who wrote (25170)	4/23/1999 8:39:00 PM
From: Ruyi	Read Replies (4) \| Respond to of 37507

However, Bid.Com has an atypical way of accounting for some of its losses and expenses. The company's financial reports show that it places the loss for goods sold below cost under its advertising and promotion expenses category. According to Bid.Com's 1998 financial report, it cost the company C$3.52 million to sell goods at below cost last year. This figure is included in advertising and promotion expenses of C$12.6 million.