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Gold/Mining/Energy : MLM Millennium Network Corp
MLM 596.37-1.0%Nov 14 9:30 AM EST

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To: Condor who wrote (438)9/2/1999 10:29:00 AM
From: D.R.A.  Read Replies (1) of 482
 
Condor,
It only makes sense that the pp announced should close soon. The dog and pony show should be about what their plans are in the short and long term. I also think that they want to get people on their side and with only 4-6 million shares out on the float ( when the pp closes) that they want to raise more capital with stable shareholders ie. the funds. If they don't close before the trip down east it would be bad sign. I personally think that they want to raise money at higher levels and that the funds will respond at higher levels if they show that they can perform. On the same subject I own shares in MLM and I think that if they succeed with the Lycos centre and close that deal MLM will trade at a large multiple of where it is. When one steps back and looks at the large picture, MLM has a lot going for it with the referal system for their customers and the logistic centre for their retailers. When you put those together the customers will travel to their site making it more attractive for other retailers to be part of their site, thus more money in rent, advertising etc, etc.
They have a good business plan, now they must show that they can implement it.

DRA
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