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

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To: suzy-q who wrote (95)5/22/1997 9:09:00 AM
From: Russel W. Kennel  Read Replies (1) of 206
 
Susan: Just looked up ECGOF. I have a computer program called VectorVest ProGraphics. It computes the value at $13.20, and shows great fundamentals. But the chart and market action is technically weak, and is rated as a "sell." But it is one to watch, and buy on dips for the longer run. Maybe wait until it begins showing signs of life.

I think this may be a very good value at this level. However, the computed value has a declining trend, which may explain the market weakness. The sellers are probably selling for a reason unknown to you and me.

Regards,

Russ
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