SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AMEN Looks Pretty Good -- Ignore unavailable to you. Want to Upgrade?


To: uu who wrote (540)3/1/1999 9:35:00 PM
From: Pete Mason  Read Replies (1) | Respond to of 627
 
>> considering the blow out quarter they had and was just reported! Still losing money but the loss is cut in half and the revenue has increased by 136%!! <<

Well, techically you're correct when you say "the" loss is cut in half... but a more interesting figure is operating earnings--excuse me, operating loss--which just about doubled from the previous quarter. So yes, revenues are up, but they're losing even more on an operating basis. From the report:
Operating Loss Q97 (629,952) Q98 (1,306,718)
Y97 (2,484,503) Y98 (3,679,243)

These rapidly increasing operational losses are not very impressive, IMO.

But it will be an interesting day tomorrow... up, down, about the same??

-- Pete