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


To: omegaman who wrote (28600)4/29/1999 12:27:00 PM
From: Pluvia  Read Replies (3) | Respond to of 37507
 
There are approximately 51 million shares outstanding - and it appears the float is in the 40+ million range... Likely 43-45 million.

That gives BIDS - a company that had actual revenue of approx 500k last year, a market cap similar to some of the dow 30 stocks.

Ridiculous.

If BIDS had the potential of growing into a market leader, this might be justified by some people. Unfortunately, BIDS has ZERO potential for growing into anything but one of the bottom 10% of the 100's of failing auction sites now available on the net.