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Microcap & Penny Stocks : AMEN Looks Pretty Good -- Ignore unavailable to you. Want to Upgrade?

To: Pete Mason who wrote (379)	12/18/1998 12:11:00 PM
From: Turs	Read Replies (1) \| Respond to of 627

Pete - you're obviously displaying such a broad knowledge of business success on the Web, how could we argue? NOT! The 74X sales multiple could be 20X '99 sales and less than 10X '00 sales. Looking more reasonable already. Not to mention that the value of being first to market in addressing a particular user need or target market is unquantifiably valuable. AMEN's destiny is actually most likely to be a takeover by one of the portals, or Internet megaretailers, who will value so many homogeneous and loyal members being aggregated in one spot. I agree that valuation is an important element. But if you're totally hung up on how small the company is and how expensive the stock is, then you don't get what is going on at the dawn of this new technological era. Turs