I think it has more upside to it. This stock group (high speed/DSL/ADSL/Cable Modem access) is the next group to go in my opinion. It's funny that AMPD ran like it did because their are other issues offering high speed access including an OTC by the name of WIRL that barely sees the light of day and it's stuck on 1.37. LOL. I think AMPD really started to fly when CNBC got a hold of it. RMII...once one more press release comes out it will fly like the others. The chart indicates that too. Here's some RMII info to sift through.
RMI.Net Ticker: RMII Page 1 of 10
Complete Financials: June 1999 Exchange NASD
FY END DEC
ISSUE DATA (09/03/99) PER SHARE DATA RATIOS
Price $ 7.56 EPS (TTM) $ -1.84 P/E (TTM) NM
52W High $ 29.00 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 6.63 Book Value $ 1.84 Price/Book 4.11
Shrs Out 12.37 Mil Cash $ 0.36 ROE (TTM) -151.93 %
Float 3.00 Mil Rev (TTM) $ 1.99 ROA (TTM) -71.17 %
Mon. Vol 2.89 Mil Curr. Ratio 1.04
Beta 2.22 LT Dbt/Eqty 0.12
BRIEF: RMI.Net, a national full-service Internet based
communications provider offers a wide range of services,
including Internet access, Web Solutions, e-commerce, phone
services and other related services. For the 6 months ended
6/30/99, revenues totalled $11.7M, up from $3.9M. Net loss
applicable to Common totalled $7.4M, up from $2M. Revenues
reflect an increase in the number of customers. Higher
loss reflects increased payroll costs and benefits.
Copyright (c) 1999, Market Guide Inc., All rights reserved (more)
RMI.Net QUARTERLY SUMMARY Page 2 of 10
HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars)
REVENUE 1996 1997 1998 1999
1st Qtr MAR 568 1,397 1,779 5,263
2nd Qtr JUN 635 1,452 2,162 6,389
3rd Qtr SEP 921 1,582 2,566
4th Qtr DEC 1,158 1,696 3,580
EPS (U.S. Dollars per share)
1st Qtr MAR -0.080 -0.180 -0.190 -0.340
2nd Qtr JUN -0.090 -0.300 -0.100 -0.390
3rd Qtr SEP -0.150 -0.157 -0.670
4th Qtr DEC -0.310 -0.140 -0.440 |
