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Non-Tech : MILLIONAIRE. COM........( MLRE )

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To: James Marks who wrote (153)	12/18/1998 9:49:00 PM
From: SOROS	Read Replies (2) of 2664

I think you miss the point. Why is EBAY where it is? Why is AMZN where it is? Not because of what they sell. Advertising. They get lots of traffic, so advertisers know their banners, etc. will be seen. MLRE will get BOATLOADS of hits. Hits from rich people all the way down to poor people. What they sell in merchandise will be gravy. Once advertisers see the popularity of the site, they will get a reputation not unlike AMZN and EBAY. They are the first here, just as AMZN was the first in books. The Robb Report is done very well, so I suspect they will hire the right people to do the website first class. They have to know that they are onto something much bigger than run a stock to $10-20 and bail. If they do it right, we're talking several splits and multiplied millions/billions of dollars on stock paper, PLUS the millions and millions from advertising, PLUS whatever merchandise they move, PLUS several other ideas that come to mind. I'm freeing up some dead investments cash for Monday. I don't care where it is. I know, IMO, where it's going to be in the next 6 months. I remain, SOROS

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