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Technology Stocks : ADMR- Admor Memory Inc.

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To: Clement who wrote (14)12/30/1997 10:17:00 PM
From: john david martin   of 67
 
They showed earnings last qtr of 333k with sales of 15 million.That alone projects to over a million in profit and 60 million in sales. They should do alot better than that. I called Admore Monday as to why the stocki had fallen to under 3 and what was there SE Asia exposure. IR at Admore said that they were as perplexed as anyone and that this Bulletin Board stock was taking an undue hit because of memory chipmakers as a whole, and that their Asia exposure is 0. With that I bought more at 3 1/2. They are still projecting 100 million in sales and I would expect over 2 million in profit. With the expected listing of regular NASDQ from bulletin board expected early 98 and the exposure it brings this stock should be 10-15 easily sometime next year making it one of the best bargains that I have ever seen.
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