ABTX - Agribiotech Message Board

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Microcap & Penny Stocks : ABTX - Agribiotech

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To: Lucretius who wrote (945)	11/6/1997 8:31:00 PM
From: ARCHIE P.	Read Replies (1) of 8359

<<Convince me that I'am a fool not to buy back in.>> Well L.T. my friend, there is no way I would ever in the world try to do any such thing as that. According to your own words you don't have any idea of how this company will ever increase it earnings. My advice to you Lucretius is to stay with the oil sector for it seems to be your comfort zone. It is my personal opinion that ABTXs greatest growth in the future will be outside of the US markets. As the rest of the world catches up to the 21st century, so will the demand for ABTXs products. Look also for the company to expand its horizons into other areas of the agricultural arena. We need not worry in any way for ABTX will continue to increase sales and gross margins internally as she takes total control of the forage and turf grass markets. For example LT, when ABTX reaches 550 million in sales, in the year 2000, and lets say their gross margins only reach 10%(their target is 19%) this means that they will have 55 million in gross profits. That will equate to about $1.25 a share, and a stock price of around 35 to 40 dollars a share. If they can do 19% gross margins, than the share price will be as high as 80 bucks. What else can I say....Archie

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