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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce -- Ignore unavailable to you. Want to Upgrade?

To: Frank Buck who wrote (448)	1/3/1999 8:38:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 2994

>Thanks for the link to that recent article which mentions the Internet IPO market. I have watched most of these things explode and have scratched my head in amazement. When it comes to RDIM I have to admit I am again scratching my head. Given the $30MM pro-forma revenue projections for '99 .... I can hardly believe that the share price is where it currently sits. I can only guess that this is a function of a few important details: 1) The non-defining Company name< A name change is definitely in the works especially for the e commerce site. 2) The BB OTC status and the limited amount of relevant financial info This is always a problem with OTC BB stocks. If the acquisitions come together as planned I'm sure RDIM or whatever the company might be called will become fully reporting. Remember that first $30 million in acquisitions also brings along $1 to $2 million in profits. Also if things go well it could be even better. 3) The lack of anything physically substantiative to see from an investors vantage point Now that's a good question. Anyone live in Indianapolis where two private wholesale clubs are negotiating to merge with RDIM? How about Atlanta, Birmingham or Denver? We might not know for a while if we have the right businesses but it would be interesting. 4) The prospects for this thing to turn sour as a result of non penned acquisitions Lets start with PCN and this internet navigational site in Singapore. The acquisition of PCN was mentioned as being potentially finalized by Jan 15th about the time the demo site will go up for e commerce. Hopefully the above issues will be addressed and modified accordingly. As you are probably aware... timing is of the utmost importance when it comes time to raise a share price. Particularly when it is being used as corporate currency for acquisition purposes. Timing as of yet just doesn't seem right. But I would rather be in early than miss the rise that I expect will accompany the name change and the BETA site premier this month. I have listened to the Audio Conference call playback and must admit I am rather confused about the announced Asian play for RDIM. Are they suggesting that they expect a significant Asian membership and membership buying market from their Asian website? A stock brokerage system in Asia??? What's up with that? I hope they aren't spreading resources too thin.... as it seems like management is tackling an ambitious under-taking. It's a very ambitious undertaking. That's what makes it so exciting. John Folgers tried to make it very clear that RDIM would eventually be interested in offering financial services, medical insurance and many other benefits to club members. The attraction of the Asian navigational site is that anything that can be done here, can be done there for 25% the cost. Furthermore it can be accessed from anywhere. There will be pop up advertisements and links to partners as well. John said that they were still kicking around the numbers for how much a membership would cost and the latest projections were between $299 and $499. Seem pretty reasonable if you are really getting a great deal on your wholesale purchases. Any ideas what the expected name of the website might be? Let's see what news if any comes out this week. All I can say is I think it will be easily recognizable and catchy. On the subject of the internet navigational site in Singapore, I did run a search and I still can't be certain which if any of the sites I found might be involved. Sometimes it's better to let things just happen rather than looking under every rock. Oh one final thing. I did listen to the conference call a couple times. I am not certain that I am 100% accurate in what I write here, both form a standpoint of what I heard and what may actually happen. I am 100% looking forward to owning RDIM for a long, long time. Regards, Jeff