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Microcap & Penny Stocks : AMEN Looks Pretty Good
AMEN 491.00-1.8%10:59 AM EST

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To: uu who wrote (179)8/4/1998 2:50:00 PM
From: lazarre   of 627
 
<<<<IDAX recorded a net loss for the second quarter of 1998 of $747,598 or $.20 per
share, compared with a net loss of $896,493 or $1.27 per share in the second
quarter of 1997. In the first half of 1998 the net loss was approximately $1.5 million or
$.44 per share, as compared to a $1.4 million or $2.01 per share loss in the first six
months of 1997. >>>>

This is what I'm having a confusing time with. They had a loss of 1.5m first 6 months of this year which was 100k more than last year; yet their loss per share was dramatically less ( .44 ) vs. ( 2.01 ) this year than last year. I can only chalk it up to vastly more shares in the float, right? So how really good could this be? Comments??

Lazarre
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