Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gee-Man who wrote (27843)	4/28/1999 8:58:00 AM
From: Rajiv	Read Replies (2) \| Respond to of 37507

BIDS does not carry an inventory and has very low overhead. Like other Auctioneers they get a cut of every sale. Sounds safe and profitable to me. In 1998 BIDS posted losses of 12 MM on revenues of 13 MM. BIDS is not even cash-flow +ve; profits is not even on the distant horizon. As of Dec 31, 1998 BIDS had 11 million in cash and marketable securities. How long will this last ? BIDS has not even started an aggressive advertizing campaign (it will cost millions). BIDS deserves a market cap of less than a quarter of ONSL's market cap. It is at best another CYSP or a KTEL (market cap of 100 million) Regards. Rajiv

To: Gee-Man who wrote (27843)	4/28/1999 9:11:00 AM
From: Alastair McIntosh	Read Replies (2) \| Respond to of 37507

Gee-Man, you posted: BIDS does not carry an inventory and has very low overhead. Like other Auctioneers they get a cut of every sale. Sounds safe and profitable to me. It may sound profitable but their financials show otherwise. Loss for 1998 of $18.7 million increased 178% over loss for 1997 of $6.7 million. When do think BIDS will show a profit Al