Advantage Marketing Systems Stock Picked For Record-Breaking Growth This Year.Business Editors
OKLAHOMA CITY--(BUSINESS WIRE)--March 21, 2000
Advantage Marketing Systems, Inc. ("AMS AMS - Andrew Message System ") (AMEX AMEX
See: American Stock Exchange : AMM AMM Autorisation de Mise sur le Marche (French)
AMM Autorisation de Mise sur le Marché (French: Commission of Marketing Authorization)
AMM ASEAN Ministerial Meeting
AMM American Metal Market ) announced today that its common stock has been picked by noted stock market follower Elliott Pearson to more than double this year. AMS sales have now grown at an annual compounded rate of more than 65% for six consecutive years to more than $22 million for the year ended December 31, 1999. At the same time, there has been strong earnings growth with earnings per share tripling in 1999 to $.31 per share.
Pearson recently featured AMS on his weekly television program on station KJLA in Los Angeles, California. He commented on AMS founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John W. Hail's well-known success with Pre-Paid Legal Services This article is about the legal term. For the company, see Pre-Paid Legal Services, Inc..
Pre-paid legal services refers to individual or group employee benefit legal plans in which members pay a monthly fee in exchange for access to a range of legal , Inc. (NYSE NYSE
See: New York Stock Exchange : PPD (1) (Parallel Presence Detect) The method used by earlier SIMM memory modules to communicate their capacity to the computer. A binary number coming from a parallel set of pins was read by the system, with each pin representing one bit. Contrast with SPD. ) and predicted a major record-breaking upward move in the price of AMS common stock by the end of this year.
Commenting on the favorable recommendation, founder and CEO, John W. Hail, said: "It is exciting to see more and more respected Wall Street professionals discovering what we have known all along, that AMS is one of the best-kept secrets on Wall Street. The secret is starting to get out and that can only result in a dramatic rise in the price of our common stock as more and more investors become aware of our record breaking revenue and earnings growth. We are pleased to be firmly on track to reach our goal of $100 million in sales by 2002 and fully expect the performance of our stock to be equally exciting."
AMS markets more than 100 natural nutritional supplements Nutritional Supplements Definition
Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet. , weight management products, skin and hair care products and cosmetics manufactured from herbal-based proprietary product formulations. The Company's products are distributed through a nationwide network of more than 69,000 independent distributors.
For more information, visit the Company's web site at www.amsonline.com.
Certain statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain, but not necessarily all, of such forward-looking statements can be identified by the use of forward-looking terminology such as "anticipates," "believes," "expects," "may," "will," or "should" or other variations thereon, or by discussions of strategies that involve risks and uncertainties. The actual results of the Company or industry results may be materially different from any future results expressed or implied by such forward-looking statements.