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: donkeyman who wrote (28331)	4/28/1999 10:15:00 PM
From: Pluvia	Read Replies (2) \| Respond to of 37507

Assman, <<Pluvia, How come there is more post on BID.COM in 1 hour than all the other NASDAQ Internet Auction companies together in 1 solid month.??--i.e. EBAY, EGGS, ONSALE etc.????????>> Likely because there are more shills posting on the BIDS thread than these other market leading companies... BIDS should not even be named in the same breath as these companies, as they are not even remotely in the same league. The problem with stupid, HYPE posts, (like yours), is, ignorant investors might believe you. These silly lemming investors end up losing fortunes of their hard earned money because of you. WAKE UP!! TAKE RESPONSIBILITY FOR YOUR DAMAGING BEHAVIOR!!! BIDS had over ONE BILLION in market capitalization!!! That is ridiculous. Any Wall Street analyst paid to provide an objective opinion would tell you the BIDS stock value should be around $2 or less. BIDS does not have the technology, capital or management to compete in the already crowded auction field. 1. BIDS actual revenues (3.9% of stated revenue, or about $509 thousand), are not nearly enough to cover their overhead and advertising expenses. 2. BIDS's business plan does not include any realistic way for them to increse their revenues enough to ever become profitable. The worst part about this 'Ugly Truth' is, the company knows and has essentially admitted this to be true in meetings with large investors. I suggest you take these comments to heart, sell your stock while thanking god you have the opportunuity to do so at these ridiculously high prices, and move on to invest in more reasonably valued investments. All comments are the express opinion of the author, all rights reserved Cheers Steve