Intl. Absorbents (IABS, formerly IABSF) Message Board

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

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To: suzy-q who wrote (93)	5/19/1997 11:48:00 PM
From: Russel W. Kennel	of 206

I have been interested in the environmentally friendly stocks, like IABS, CXI, CXOT, GRNO, DBDY etc. Chuck Tait says all the fundamentals of IABS are intact. I have to believe that all the reasons I bought the stock in the first place have not changed. In fact, I am hoping that Management will focus even more aggressively on the core business, having (hopefully) learned that getting sidetracked can have unexpected consequences. I know they say that the Fiji deal was going to quickly raise value for shareholders. But that's what to many of the Canadian companies say about all their natural resource plays. I've been burned too many times to fall for that any more. I say stick to the fundamentals and go for that $500,000,000 sorbent market! 20% would make this a $10 stock, a pretty nice percentage gain from current levels. And, why can't it be done in a couple or three years if their product is better than the rest? Russ

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