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Microcap & Penny Stocks : ABTX - Agribiotech

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To: vestor who wrote (8098)7/2/1999 4:28:00 PM
From: drakes353  Read Replies (1) of 8359
 
vestor:

Face it, they could have handled the Hechinger's thing a little better.

I think ABTX will be going for around 10X forward earnings by the end of the year. My guess on forward earnings for fiscal '00 at this point is 20 to 30 cents.

Why anyone would pay 20x forward earnings for a company that is not going to be growing the top line for the foreseeable future is beyond me.

drakes353
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