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

To: ideaman who wrote (27148)	4/27/1999 4:21:00 PM
From: Goinlong	Respond to of 37507

Kernan getting ready to talk about bids...

To: ideaman who wrote (27148)	4/27/1999 4:31:00 PM
From: Rajiv	Read Replies (4) \| Respond to of 37507

# of registered bidders BIDS - Feb 1, 1999 - 95,000 April 14, 1999 - 108,000 Increase of 13,000 over 10 weeks EBAY - Dec 31,1998 - 2.1 million March 31, 1999 - 3.8 million Increase of 1.7 million over 13 weeks. AMZN - I believe has 8 million users Do the math on a % basis for growth. BIDS does not have exponential growth as some people are claiming. It is interesting that some people casually brush off valid points as "old news". I suppose RTQ is the only thing which is "new". Regards. Rajiv

To: ideaman who wrote (27148)	4/27/1999 4:43:00 PM
From: WhatsUpWithThat	Read Replies (1) \| Respond to of 37507

<<Rajiv, how do these numbers compare to say EBAY? Do they have more users? BIDS numbers somehow don't seem that high. >> UBID, whose 1998 revenue was $48million US compared to BIDS' $23million CDN , had only 228,000 registered users as of their 1998 year end. I think they'd have to be a lot more concerned about than BIDS, don't you? <g> Oh, and as to gross margin, I note that UBID is having significant trouble maintaining theirs: 1997 gm was 11.1%, 1998's was barely over 8. Yikes!* WUWT * this last was to illustrate some of the games played on this board: you'd have to go look at UBID's financials to realize their 1997 revenue was only $9,000. I simply reported something without sufficient context for you to judge its meaningfulness, a trick played over and over again by some posters here. Be careful with what you read. The info about registered users, to reassure you all, is straight goods from their 1998 financial statements, available on their site.