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Biotech / Medical : ABTI Alpha-Beta Technology

ABTI 0.200

+99,900.0%

Jun 17 12:34 PM EDT

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To: TOEKNEE who wrote (550)	10/2/1997 5:18:00 PM
From: Hamid Pourjalali	of 572

Eric and Toeknee: Thanks for the information. I thought that the company had around $25 million in current assets. So, the total assets is more than this amount and this amount doesn't include Property, Plant and equipments (PPE). Eric is right in that "if the company goes out of business, it may not be able to sell PPE for the book value (amounts shown in the Balance sheet)." Research and Development costs are expensed when incurred. As a result, there is no asset created for the R&D performed by this company. Given these facts, I still think that this company has possibilities. Regards,

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