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Microcap & Penny Stocks : ABTX - Agribiotech
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To: ARCHIE P. who wrote (951)11/7/1997 10:59:00 AM
From: Early Out  Read Replies (1) of 8359
 
<<<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>>>

You are assuming the number of shares remains a constant between now and then. Bad assumption, I think.
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