Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : MILLIONAIRE. COM........( MLRE ) -- Ignore unavailable to you. Want to Upgrade?

To: blokker who wrote (1232)	1/6/1999 5:29:00 PM
From: Blair P. Houghton	Read Replies (1) \| Respond to of 2664

Hey! Blokkage! Take a Metamucil break, willya? You and Floodeye have done nothing but destroy the confidence of every investor here that MLRE might have a business model that will work. Personally, I think the financial types at Millionaire.com were shrewd to get the company into the market ASAP with the reverse-merger into an existing shell on the BB. Shrewd. Not criminal. I blame myself for not clicking twice when looking for historical price data. All I could find was a start at about $11. Something glitched at both quote.com and yahoo and didn't show me that long tail back to $1. I knew the stock was brand-new, so it didn't shock me to see only a few weeks of sampling. So I bit. Hard. At the top. 26+. But since then I've come to see that there's some net-present-value here. Samblis (and White, ostensibly) would have to be lying through their teeth to pull off a scam of this magnitude. I don't think they particularly want to get lynched before millennium. The facade they've installed for the development phase bodes well for the fleshing-out. I've taken some solid whacks in the market in my time, one or two 100% kills that were twice the size of my long position in MLRE. But I'm up 2x in net worth on the last year, so I ain't crying about the setbacks. And MLRE is my only Internet play. It was my way of joining in the frenzy without pounding the Maalox it'd take to embrace EBAY or YHOO or AMZN. I'm only out about 50% on this ticker, and I now see much more value from the data we've gained through the improved investor-relations contact and the additions to the website. And I see continued Internet equity volatility, which increases the chance that I could pop into profitability at some time in the not too distant future. I also see increased negativism from people who have more suspicion than facts. They don't even have wrong facts, as I did. They just don't have any facts. Will I cost-average on this one? That's up to the way the rest of my portfolio wants to run (and it's running like Secretariat today, boy). Asset and risk allocation is one of those problems I used to call "problems I wish I had", and now I do. --Blair