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Microcap & Penny Stocks : ADMG Advanced Materials Group
ADMG 0.02700.0%Nov 5 3:51 PM EST
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To: Dave B who wrote (51)10/9/1997 9:21:00 AM
From: WHL   of 217
 
EDGAR's most recent 10QSB has a company outlook section:

Advanced Materials Group has shifted its marketplace strategy to place primary marketing emphasis on large volume and longer run products. The Company's operations in the first half of fiscal 1997 showed strong results based on this shift in emphasis in terms of sales mix and gross margins. Based on existing program orders and commitments, the Company anticipates sales growth in excess of 55%, i.e. an estimated sales range above $28.4 million for fiscal 1997. Current sales trends and projections indicate that the Company should
continue to experience strong growth in fiscal 1998, with revenue increases of more than 20% anticipated.

The Company is proceeding with its expansion plans to the Pacific Rim and Great Britain. This is in response to requests from some of Advanced Materials' major customers who conduct operations in Europe and Asia and would like the Company to establish a presence proximal to their operations. Advanced Materials management believes the establishment of such operations would be highly beneficial to the Company in that it would result in a greater volume of
business from the aforementioned customers while at the same time positioning it to take advantage of additional growth opportunities in Southeast Asia and Europe.

All in all- this company looks to do very well in the upcoming days.
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