ABTX +600% Sales growth Agrobiotech Message Board

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Microcap & Penny Stocks : ABTX +600% Sales growth Agrobiotech

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To: coffee221 who wrote (2)	10/1/1996 9:23:00 AM
From: George Burdell	of 119

Losses are up 28% but revenue is up >400% and assets and equity have more than doubled! Proportionally, the loss increase is very little. Growth and acquisition usually cause losses short term, so it is to be expected. If they can get things squared away in a reaonable amount of time, things look really good. The one question is 'do they know when to stop making acquisitions and run the business?' or at least acquire at a manageable pace... One other thought, seasonality should not be used as an excuse in an annual report! Quarterly, yes ...

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