Well, OJ, I don't know about options...and profits are still in their future:
DIDAX recorded a net loss for the third quarter of 1998 of $690,856 or
$.19 per share, compared with a net loss of $587,808 or $.80 per share
in the third quarter of 1997. In the first nine months of 1998 the net loss was approximately $2.2 million or $.63 per share, as compared to a $2.0 million or $2.81 per share loss in the first nine months of 1997.
but it looks to be a bright future:
William Parker, Chief Executive Officer and President, since April of 1998, said that, "The Company has made significant progress in establishing its 'community portal' strategy as evidenced by the continued growth in revenues which underlie this strategy, the release of three new Channels in the third quarter, rebranding of its award-winning web site to crosswalk.com, along with the hiring of a Channel management team necessary to focus the Company on accelerated revenue growth, marketing and driving traffic to its award-winning sites." He went on to say that, "We have just initiated cross-media marketing and promotional activities which we hope will accelerate traffic and thus revenue growth over time. The Company plans to continue enhancing crosswalk.com in order to profitably become the preferred online resource for Christians in search of information, interaction and involvement opportunities that help them apply a Christian world view across the breadth of their life and interests."
Here's a link to the full text:
quotes.fool.com
There's lots more info, but I'm sure you get the idea. Jo
Edit: Actually, this link is to useful info, but there is newer news on this stock (just read Challo's post). |
