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

To: Ruyi who wrote (26455)	4/26/1999 6:00:00 PM
From: kennbill	Read Replies (2) \| Respond to of 37507

Or the longs will kill the shorts... more likely!! Get real.

To: Ruyi who wrote (26455)	4/26/1999 6:01:00 PM
From: MYRED	Read Replies (2) \| Respond to of 37507

Anybody here anything? BZZZ - Oh, yeah it's that HACK mosquito DAGAN - Buddy, give it a rest - I truly fel sorry for you and the time, efort and money you have wasted on this misguided pursuit of yours -PLease, have some pride and just go away!!!!

To: Ruyi who wrote (26455)	4/26/1999 6:11:00 PM
From: uu	Read Replies (1) \| Respond to of 37507

Dagan: > The shorts... , I would venture a > guess a large amount of stock sold short today . I certainly hope you are correct! How else do you think EBAY has gotten to be a company with $22.5 Billion market cap?!! I sure hope shorts will use the same accounting mentality and logic as you have in concluding your view of BIDS as a company! The more shorts the sooner BIDS will get to have the same market cap as EBAY! Squeeze is the key work my cyber friend: Squeeze! Try to stay away from BIDS squeeze machine. It will hurt. But then as a long I sincerely hope you do not listen to my advice! Regards, - Addi

To: Ruyi who wrote (26455)	4/26/1999 6:40:00 PM
From: Cameron	Read Replies (1) \| Respond to of 37507

Dagan, I never respond to your innuendo because I find it childish. If you are going to try and warp the truth however I think a response is called for. Obviously you've never studies accounting. eBay is not a retailer it is a consignment reseller. It accounts for revenue in a totally different way. In fact, because it is reporting revenue as the commission it makes on consignment sales it really shouldn't have any cost of goods and should have 100% GP.You CAN NOT compare this to uBid's or bid.com's GP. For example... if you are eBay and someone wants to sell a TV to $100. You sell it for them on consignment and charge them $10. to do it. You report $10.00 as revenue. There is no cost of goods because you never owned the goods at any point during the transaction meaning that theoretically your gross profit margin is 100%. If you are bid.com, you buy a TV at wholesale for $90 and sell it for $100, then you have a cost of goods of $90 and revenue of $100.00 resulting in a gross profit of $10 or 10%. In both cases you have the exact same level of profit from selling the TV... but because you actually took ownership of the TV to sell it you account for it differently. Dagan... this is accounting 101 stuff!!! In terms of operating margins... yes it is roughly double bid.com's. That is because they are larger and have achieved critical mass. Administrative and marketing/sales expenses are discretionary and relatively fixed. Therefore, as your revenue increases, your operating margin will increase. To achieve a comparable operating margin bid.com will have to increase revenue. Nobody is disputing that. It is happening!! It will continue to happen!! This is expected of new operations!! They don't make money the first year but people still buy their shares on the expectation of future earnings!! Share price is based on the discounted value of expected future profit. Each of us has to decide whether they think bid.com will make a go of it and what the potential is. That will determine what people are prepared to pay for bid.com. As I've said before, uBid is currently comparable from a performance point of view with a slight lead (maybe 5 months). There is no doubt that bid.com is catching up quickly and has a number of things going for it that uBid doesn't. In the long run I think bid.com will win and not only that, I think the difference in potential more than makes up for the difference in the number of shares outstanding. I think that once people do their own DD they will agree and in the short term bid.com will be valued comparably to uBid. Once bid.com proves this is the case (ie. in 12-24 months) I believe that bid.com will easily pull away from uBid's share price. Time will tell. Each of us has to do our own DD based on the facts available and our own opinions as to future potential. As you are so fond of saying whenever the price drops, market forces will determine the price and indicate what most people think of the long term potential. You constantly try to twist the truth and make misleading statements... either that or you don't know what you are talking about. I don't know which it is but this particular arguement is getting very tedious. You don't have to believe me on any of this. If you want to get an unbiased opinion then I suggest you go out and buy a first year accounting text book.