ABTI Alpha-Beta Technology Message Board

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Biotech / Medical : ABTI Alpha-Beta Technology

ABTI 0.000200

0.0%

Oct 31 9:30 AM EDT

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To: Cacaito who wrote (535)	9/25/1997 11:51:00 AM
From: Mr. Pink	of 572

I agree. The only contribution to ABTI's worth right now is net assets. Unfortunately, the figure of ca. 23 million is a bit high, since they will probably have to sell off their equipment at bargain-basement prices. What I want to know is how they arrived at this number. Is it an accurate reflection of what they could sell their intellectual property, real estate, and equipment for? My guess is that 23 million is an inflated accounting fudge-factor. There's really nothing that I can see preventing this company's quick demise, now that the product responsible for virtually all of the company's speculative value has been shown to have little real worth as a potential marketable product. The current market capitalization of ABTI is a wildly inaccurate measurement of the company's true value. But that's just my opinion.

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