SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire! -- Ignore unavailable to you. Want to Upgrade?


To: RSH who wrote (3079)6/30/1999 4:47:00 PM
From: bigbuk  Read Replies (1) | Respond to of 3584
 
MDMI news today.

Nice to see a basher here too.

bigbuk

MASSIMO DA MILANO INC , COM
Date Time Price Volume Exch Type Bid BSize BEx Ask ASize AEx Cond
Vl:
6/30/99 9:43 Best Bid .0800 5000 U
6/30/99 9:43 Best Ask .0800 5000 U .0850 5000 U
6/30/99 9:50 Best Bid .0800 5000 U .0850 5000 U
6/30/99 9:50 Best Ask .0800 5000 U .0900 5000 U
6/30/99 9:50 .0850 10000 U Trade
6/30/99 9:50 .0850 10000 U Trade
6/30/99 9:50 .0900 10000 U Trade
6/30/99 9:58 Best Bid .0825 5000 U .0900 5000 U
6/30/99 9:58 Best Ask .0825 5000 U .0950 5000 L
6/30/99 9:58 .0900 5000 U Trade
6/30/99 9:58 .0900 20000 U Trade
6/30/99 10:00 Best Bid .0850 5000 U .0950 5000 L
6/30/99 10:00 Best Ask .0850 5000 U .0950 5000 U
6/30/99 11:15 .0900 1600 U Trade
6/30/99 11:15 .0900 1600 U Trade
6/30/99 11:49 .0850 2000 U Trade
6/30/99 14:07 .0950 5000 U Trade
6/30/99 14:08 Best Bid .0850 5000 U .0950 5000 U
6/30/99 14:08 Best Ask .0850 5000 U .1000 5000 L
6/30/99 14:13 Best Bid .0900 5000 U .1000 5000 L
6/30/99 14:13 Best Ask .0900 5000 U .1000 5000 L
6/30/99 14:20 .0900 25000 U Trade
6/30/99 14:26 .1000 6600 U Trade
6/30/99 15:29 .0950 10000 U Trade



To: RSH who wrote (3079)6/30/1999 4:48:00 PM
From: two trades  Read Replies (2) | Respond to of 3584
 
RSH-

Below is a copy of a message we posted earlier today on RagingBull. I think it addresses your concern. If not, please e-mail me at comercio@doscomercio.com, and I will do my best to make further clarification.

From La Guardia GFS:

Looney, to answer both of your questions,

1) Remember that MDMI owns the franchise rights to the Java Centralé Cafés, they do not actually own the stores. All of these franchises were set up prior to the existing MDMI mgmt taking over operation, and unfortunately the screening process for franchisees was not done well. This is the primary reason we have seen such a decrease in Java Centralé Cafés over the past 5 years. The situation in Nevada is reflective of this. It is not MDMI who is selling or closing the cafés. It is the individual franchise owners.

2) When Dana Verrill brought MDMI through the bankruptcy there were many clients (approximately 300), some of which ordered very low volume, and/or represented little profit for MDMI. Mr. Verrill has worked diligently to cull the lowest producing clients to decrease his overhead and management nightmares. The 170+ clients that MDMI currently has, are the largest and strongest of those 300, plus several new, stronger clients like Albertson's and several other VERY LARGE retailers, who we anticipate the company will announce in the very near future.

Thanks for your input and questions.

Please check us out on the net at twotrades.com for more information, and don't forget to support your investment with purchases through buymdmi.com.

We advise everyone to do their own due diligence, but La Guardia GFS is here to help, please e-mail us at comercio@doscomercios.com with any questions, suggestions or comments.

Sincerely,

Phil Hernandez
Public Relations
La Guardia GFS