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

To: Cameron who wrote (28706)	4/29/1999 3:32:00 PM
From: NTT	Respond to of 37507

Excellent analysis Cameron. It's refreshing to see good solid information posted.

To: Cameron who wrote (28706)	4/29/1999 3:40:00 PM
From: Rajiv	Respond to of 37507

Cap marketing/admin at $40m in out years. IMO, this is an invalid assumption. All the big guys are spending serious money on advertizing and portal deals. BIDS will be forced to spend money on aggressive campaigns. If it does not spend money on these deals, it will remain what it is now - a marginal player BTW, as of Dec 31, 1998 BIDS had only 11 MM in cash and marketable securities. IMO, BIDS will post greater losses for a minimum of 3 years. Regards. Rajiv

To: Cameron who wrote (28706)	4/29/1999 3:58:00 PM
From: donkeyman	Read Replies (1) \| Respond to of 37507

Cameron, EXCELLENT BID.COM OVERVIEW. I'll cross mind out. do pluvia know where Europe is.??He don't know where Canada is.!!!

To: Cameron who wrote (28706)	4/29/1999 4:03:00 PM
From: hx4	Read Replies (1) \| Respond to of 37507

Thanks Cameron, excellent post. Trade long and profit

To: Cameron who wrote (28706)	4/29/1999 4:09:00 PM
From: Alastair McIntosh	Read Replies (2) \| Respond to of 37507

Cameron, thank you for your analysis. However,it appears that you are away off on your marketing/admin. expenses. Last year BIDS had marketing/admin of approx $18 million. If they do $50 mill gross this year that number is not going to decrease to $12 million. It will increase to at least $30 million. This will give them a loss this year of at least $25 million not the $7 million you show. It will be a long term before BIDS shows a profit. BIDS is in a bind. They desperately need to increase sales. However to do this they have to keep selling below their cost. You can't increase your selling prices when you are trying to grow your market. I have printed out and saved your projection and we can discuss it as the numbers come out. As the year goes on we will see each quarter if they stay on track with your projections. While I disagree with your numbers I admire you for posting them. Al