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Non-Tech : MILLIONAIRE. COM........( MLRE )
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To: Bear Down who wrote (1329)1/10/1999 9:39:00 AM
From: SHGLaw  Read Replies (1) of 2664
 
There are some facts in favor of the company that must be recognized. There's a real auction site, whether or not its ready to open for business, and a magazine, whether or not it has as much paid advertising as stated. The point is that there is money going into the company, indicating that Rusty White is in the process of developing a real business. Whether or not it will pan out is another matter, but no one here is suggesting that its a big money maker yet.

The point is that this isn't vaporware, just way ahead of itself. This isn't unusual in this biz, given that almost all net investments are valued on potential rather than current income.

Stock Detective is about as credible a source as mlre, so that adds nothing to the mix. Is the issue that this co. will never really happen, or that this stock is trading on hype of future potential with some unjustified advance hype? Given all the bad pr generated by the attempt to generate good pr before it deserves it, I think we all have plenty of time to watch and wait to see if mlre meets its advance billing, and the stock will remain relatively range-bound now until something of substance actually happens. So there's not much point in all the fuss and debate, since it will either happen or not regardless of what is said here. And the hype opportunity appears past its prime.

Now everybody kiss and make up.

SHG
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