APMP (formerly APM) Message Board

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.

Strategies & Market Trends : APMP (formerly APM)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WTMHouston who wrote (10835)	4/22/1998 12:03:00 AM
From: Richard Haugland	Read Replies (3) of 13456

Are you serious on AMEN (Didax)? From their "profile" in Yahoo: DIDAX Inc. [Amen] conducts research and development and marketing for The Christian Community Network and provides website development, internet access and consulting services to Christian organizations. For the nine months ended 9/30/97, revenues increased to $264 thousand, up from $113 thousand. Net loss decreased 4% to $1.9 million. Revenues reflect an increase in paid consulting services. Lower loss reflects reduced salaries and head count. Yet today AMEN stock increased from $4 to $5 3/4, giving the company a capitalization of over $20,000,000! And the company must have somewhere less that 10 underpaid employees, all of whom likely took a pay cut last year. Of course each may now own a million dollars worth of stock. There must be a dozen or more companies that do better than that in revenues just here in Eugene OR that are not publicly traded. Somehow this insanity must end. I fear that it will result in a general market collapse. "Amen" to that.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next