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Non-Tech : MILLIONAIRE. COM........( MLRE )
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To: Bear Down who wrote (317)12/20/1998 10:40:00 PM
From: StockMiser  Read Replies (2) of 2664
 
And how do they take advantage of that outside of either insider selling or issuing more shares?

It just doesn't seem to make business sense to me. With a couple good investors, they could have gotten the website up...lined up a few nice auction items from their inside contacts. Then offer the shares at $10-15 right off the bat.

It just seems that offering it up as a BB just a few weeks after forming the company indicates financial weakness. If this wasn't a BB, I'd probably buy some...sigh.
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