AMEN Looks Pretty Good Message Board

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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: lazarre who wrote (185)	8/6/1998 6:12:00 PM
From: Turs	Read Replies (2) of 627

In response to the question on the greater loss but lower loss per share, of course the company issued shares in its IPO, which spreads the loss over greater shares. So, on that front, the improvement is illusionary. However, as with other Internet companies, Didax is making investments now in order to gain ahold of the subcriber base it is targeting (Christians). As it builds that membership, they will become increasingly valuable to advertisers and retailers. That sets AMEN up to receive ad revs and share in the sales produced by its members. With revs of only a quarter million, it's a little early to expect ANY aspiring business to be profitable. Bought shares today at $2 even and warrants at 11/16. It makes me feel good to have gotten in so much lower than the IPO price.

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