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Gold/Mining/Energy : MLM Millennium Network Corp -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Siu who wrote (407)7/8/1999 12:49:00 PM
From: D.R.A.  Respond to of 482
 
The company may languish but take things in context. In Feb and March you could have picked up some of this languishing co for .25/share and then sold it for over 1.00. MLM is in the process of building a company based on solid fundamentals, when they have things in place this company should be trading at many times what it is now. A person can trade by jumping into and out of stocks as is the flavor of the day and they can make pennies per trade. I like to buy companies that have potential for large increases and sometimes one has to buy early.

regards,

DRA



To: Maurice Siu who wrote (407)7/8/1999 3:12:00 PM
From: cash money  Read Replies (3) | Respond to of 482
 
I'm starting to question the chances of E-Malls but I still hold a position in MLM. I hold a larger position in GAB but they are also having troubles to. If these E-Malls are going to generate enough revenue to survive I think it will be the companies with less than 30 million shares out. MLM only has 8 million shares out so profit of a million dollars with give them earnings of .125 per share and a share price of $1.88 at 15 times earnings. Look at SKG I know they aren't only an E-Mall but with about 180 million shares out to earn .125 a share they need profit of around 22.5 Million!!!!!! So you see these small companies can survive on little revenues. Best of luck Cash Money