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Microcap & Penny Stocks : Intl. Absorbents (IABS, formerly IABSF)

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To: arizona_ice_tea who wrote ()8/18/1998 5:37:00 PM
From: crj_   of 206
 
I talked to Chuck Tait (IR) today.

He says that things are going fine. Expecting to release this
quartes's earnings toward the end of the month. Should be
another profitable quarter, though not hugely so.

They are just finishing up a plant expansion which will
almost double their capacity. They have been running
24/7 on occasion, so the new capacity should help them
run more efficiently.

Their goal at this point is to keep their noses to the
grind stone and keep growing sales and
profits. Want to get some proifit history under their
belts so that investors can gain confidence.

In general, things are looking encouraging, except for the
stock price.

Where else can you get a growing profitable company for
only $0.12 a share?
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