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


To: WhatsUpWithThat who wrote (27175)4/27/1999 4:52:00 PM
From: Rajiv  Read Replies (1) | Respond to of 37507
 
UBID, whose 1998 revenue was $48million US compared to BIDS' $23million CDN


What is your point ?

UBID market cap - 600 million
BIDS market cap - 1 billion.

In case you haven't got my point, it is the % growth that is important. BIDS does not have exponential growth (increase of just 13,000 bidders over a period of 10 weeks is not impressive). With less than 11 million in cash and marketable securities (as of Dec 31, 1998. As of today it should be less than that) where will BIDS come up with the $$$ to launch aggressive advertising campaigns.

Regards.
Rajiv