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Microcap & Penny Stocks : Intl. Absorbents (IABS, formerly IABSF)
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To: JOHN A. who wrote (142)12/15/1997 3:35:00 PM
From: arizona_ice_tea  Read Replies (1) of 206
 
Just got the latest 10-Q ...

I'm still looking at the gross profit margins. Here are some of the latest figures:

FY97 ....... FY98

1.Q. 25 % 1.Q. 28 %
2.Q. 29 % 2.Q. 35 %
3.Q. 19 % 3.Q. 33 %
4.Q. 35 %

I think these numbers look quite good. They might even more improve
as soon as IABS will finally be able to also produce on the east coast. Do you know about any plans they might have to set up a plant
on the East Coast?

Michael
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