Oh my God. Better not short this one.
<<<<Jesus2000.com plans public offering in spring '99
By Nicole Volpe
NEW YORK, Dec 28 (Reuters) - Jesus2000.com, a Web site launched last week, said it plans to make an initial public offering in the spring of 1999 after negotiating for a private placement to fund the site.
The site, which calls itself ''The Holy Land's Largest Shopping Mall on the Internet,'' said its profits come from sales of religious articles such as olive wood crosses or mother of pearl rosary beads from Bethlehem.
Investors include Vector Holding AG of Luxembourg, which is a partnership of business entrepreneurs from the United States, Europe and the Middle East, according to a Jesus2000.com spokeswoman. Another investor is Nativity Holdings Ltd of Nazereth Israel, a Vector affiliate, she said.
The company said it already registered its first day of more than 1 million hits, or visitors to the site.
The company, which provides religious, historical and travel information in addition to selling books and CDs, said the million hits came from ''virtual pilgrims'' attending a Cyber-midnight mass broadcast live from Bethlehem on Christmas eve. The site does not post banner advertisements like most sites, only reminders to ''Be ready for the return of the Messiah!'' It also does not charge for membership.
The company said Jesus2000.com was set up with the advice of the Middle East Council of Churches, which represents a range of Christian denominations.
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