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Microcap & Penny Stocks : Intl. Absorbents (IABS, formerly IABSF)
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To: arizona_ice_tea who wrote (38)2/24/1997 2:07:00 AM
From: Russel W. Kennel   of 206
 
Hi Michael:

I didn't know this co was on SI. I am following VistaQuest's "children" and picked up a few thousand shares for the family last week at around $.62 or so. I understand that there are some other contracts in the hopper to be announced in the near future when they are consumated. I talked to their investment department on two occaisions, and they of course sound genuinely excited about their prospects which have markedly improved.

I hope we see $1.50 on this stock in 1997! And I think we will if all is as indicated. Shipping costs are always the big problem for this type of product. Their strength will be the developing price advantages due to other products having to meet incrreasingly stringent EPA standards for disposal.

Good Luck

Russ
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