AMEN Looks Pretty Good Message Board

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Microcap & Penny Stocks : AMEN Looks Pretty Good

AMEN 505.33

-0.9%

Dec 11 9:48 AM EST

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To: Turs who wrote (591)	5/10/1999 9:29:00 AM
From: Mitch Vine	Read Replies (1) of 627

Turs. Your estimate of $ 15-$20 sounds conservative to me. Their prospects have considerable up-side depending upon how long AMEN can keep up the rapid growth rates. You are assuming growth slows to 20% sequentially by the 4th quarter. Given that recent growth has been closer to 85%, there is a good chance that both the revenue rates and the price to sales ration will be higher than you have assumed. I am assuming that AMEN can maintain rapid growth rates for several more quarters as the Christian community has only barely begun to use the site. They only have some 190,000 members so far, and as the leading site for the 1,000,000,000 strong Chrisitan community, it seems to me that they could easily maintain a 50% per quarter growth rate for 1 or 2 years.

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