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


To: GoNorth who wrote (25397)4/24/1999 5:00:00 PM
From: Chuck  Respond to of 37507
 
I THINK the declining patent is worth a lot of money. Let's take one (out of many possible) service for example that can be sold with this process on the internet, Travel and Travel Packages. Travel packages for example are usually done by a Tour Operator and they make packages with departures from a specific city going to a specific destination. These are very difficult to be sold by a single web site operator. If I live in San Francisco for example I want to check out the local tour operators offering their last minute sales via the declining auction method. I don't want to go to a site that has a ton of various departures from various cities throughout the world. I want to leave from the San Francisco Airport, that's it I don't want to know about Toronto or Anchorage. Thus, bid.com will licence their technology to all these various tour operators, discounters, wholesalers, airlines anybody that wants to sell their unsold travel or to other auction sites like Priceline.Com, Amazon, etc. We are talking about the World here, not just North America. Hotel operators may wish to auction last minute hotel rooms by way of the declining auction. Bid.Com will maintain its own site but I believe they will generate the MAJORITY of their funds from this PATENTED TECHNOLOGY. IMHO, I believe its worth more than the present market cap of Bid.Com and the margins are 100% not 6.8%.