Editorials

We're Early This Month: We'll be travelling on business, so we completed this issue early.

Happy Holidays: Rosanne & I wish you a very happy holiday season, as well as a wonderful, successful, profitable, pleasant, stimulating, productive, healthy, satisfying new year.

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Other Editorials: I update "Larry Oakley's Opinion" two to three times per month. "Larry Oakley's Weekly Stock Pick" is changed every weekend. "Larry Oakley's Daily Comment" is changed every day, except when I'm on a speaking engagement out of town, & even then, if I can borrow a computer, I'll update the column.

Tony Velocci: Tony, a senior editor at McGraw Hill, writes the "Industry Commentary" column in Conservative Speculator now. Tony writes for numerous business, financial, & general interest publications, including Fortune, Institutional Investor, Nation's Business, & The Robb Report. He is a recognized authority on the aerospace & air transport industries.

Wealth Expo 2000: I'll be on a panel & will be a key speaker at Wealth Expo 2000 tentatively scheduled for April 2000 in Atlanta. Call Marv Miller for information; 770-425-3581, fax 770-423-0461, e-mail wealthexpo@-mindspring.com.

C-ME.com
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The Wholesale Auction Center (planned launch: spring 2000) will provide a marketplace for vendors to liquidate

unsold products. C-ME.com is currently pursuing patent protection for this technology.

The Factory Outlet Mall (planned launch: spring 2000) is a forum for vendors to sell products directly to consumers. This complete e-commerce package will include secure credit card transactions, shopping cart functions, & automatic calculation of sales tax & freight charges. This is C-ME.com's only business-to-consumer segment.

Market

According to figures released by business 2.0 magazine 9/99, the overall market for wholesale/retail business-to-business e-commerce transactions is expected to grow to $65.6 billion by the year 2002. CMEE's services appeal to hundreds of thousands of wholesale manufacturers & retailers in the U.S. alone.

Currently, retail buyers spend 60 to 80 percent of their time sourcing (searching for & locating) merchandise. Vendors welcome the ability to easily display & update their products & pricing, & interacting easily with all retail buyers. Retailers appreciate fast, user-friendly services that positively impact gross margin at no cost to them.

In line with the retailer-centric approach, the company is targeting all types of retailers, from conventional department stores to national chains to mass merchandis-ing stores to off-price stores, as its potential retail partners. These retailers use C-ME.com at no cost in exchange for co-marketing the company's services to their vendors. Vendors pay for the C-ME.com system because retail buyers use it. Management believes retail business-to-business e-commerce is an untapped market with enormous potential.

Management

Frank S. Yuan founded the company in 1996 & is CEO & chairman. He has 20 years experience in the apparel & computer wholesale industries. In 1986 he founded U.N. Imports, Inc., a men's apparel import/wholesale company. He also founded two community commercial banks & two title insurance companies in the Los Angeles area.

John F. Busey is president. He has 20 years of experience in strategic, operational, & financial planning & management with Carter Hawley Hale Stores, the former multi-billion dollar department & specialty holding company which operated under the names: The Broadway, Neiman Marcus, Contempo Casuals,

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