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

To: Blair P. Houghton who wrote (1244)	1/7/1999 1:36:00 PM
From: Blair P. Houghton	Read Replies (2) \| Respond to of 2664

Here's another bogus, name-dropping press release. BioNet Technologies Adds E-Commerce to Its Web Site - Business Wire biz.yahoo.com Cheap tactic. Some company puts together online ordering for its own products and starts pretending it's like the mass medium represented by YHOO or EBAY. By that same token, I should be worth as much as the NYSE, since it sells stock and I could sell my blood plasma, if a blood bank came looking for it... Also on that line of reasoning, we need to be careful when evaluating MLRE, because its market is somewhat more narrow than the common auction website's. What it has going for it is that it is a collegial site, causing people to congregate en masse to trade their own stuff. What it's fighting is the reputation imputed to its PR firm; the history of shady stock deals on the net; Christie's and Sotheby's; and the nascent kitchiness of its trademarks, those being "millionaire.com", "Millionaire Magazine", and "The International Millionaires Club". --Blair