Your error:
Windows Me Logo Missing On Start Menu
When you select the Start Menu, you may notice that the text Windows Me Millennium Edition is missing from the left border.
Your Solution:
This happens if you have 8 or less items on your Start Menu, since the graphic making up the text "Windows Me Millennium Edition" needs more height to display.
If you add items to the Start Menu, the logo will re-appear.
Source: (includes images)
http://www.windows-help.net/windowsMe/tip-0003.html