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


To: Alastair McIntosh who wrote (28797)4/29/1999 7:06:00 PM
From: RG  Read Replies (1) | Respond to of 37507
 
Alastair,
I am more interested in their growth for the upcoming year for this year than dwelling on last year, although the revenue for the year of 1998 increased substantially. Yes, I believe their revenue will increase for the year of 1999. They have added higher margin items for sale, entered into an agreement to sell books with Canada's largest book store, entered into an agreement to with a media company to host more live internet auctions and future tv auctions, licensing their patent, (CEO said two deals had recently been made),added revenue paying advertising streams on their site, opening an office in Ireland in June where they will license their technology and supply support, increase their B2B revenue.
I think their losses for this year will be less than last year due to the above mentioned expansions of their business with more sources of revenues and higher margin items for sale.