Intl. Absorbents (IABS, formerly IABSF) Message Board

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

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To: JOHN A. who wrote (180)	9/12/1998 10:10:00 PM
From: crj_	of 206

In a year, we could see $1.00 and beyond. If they keep on growing sales, controlling costs, and expanding margins, then a year from now we could have real measurable earnings per share. With 0.05 per share and 20M shares and a PE of 20, you get a price of $1.00/share. If they earn only 2 cents a share per quarter, then there shouldn't be a problem getting past $1.00.

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