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Microcap & Penny Stocks : ADMG Advanced Materials Group
ADMG 0.02700.0%Dec 26 9:30 AM EST

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To: T Deller who wrote (191)3/14/1998 4:46:00 AM
From: Dave B  Read Replies (1) of 217
 
Welcome aboard, the company is progressing with their growth plans on schedule. ADMG has executed their plan very well to date and there really is no reason to believe that they can't continue their success. They have firm orders in place for these new operations, so after they absorb some of the startup costs with the new efforts, I'm optimistic that the revenues and earnings will grow at an impressive rate. The 1st Q results(due late next week or early the following) should give a good idea on where ADMG stands going into the foreign expansion. Another quarter of good revenue growth from existing operations would show an excellent foundation to expand from. Decreasing revenues would probably be a sign of lower amounts of new business. I track the trading of this company closely and the lack of large buyers has been painful to watch over the last few months, but some good sized buys have gone through this week and the volume has picked up, so maybe the trend that us shareholders have suffered through is finally reversing.
I never thought ADMG would get to 2 1/2 again without bad news coming in, but it did. I bought more at 2 3/4. Maybe next weeks results will put us back on track for $5+/Share.
The fundamentals are there.

Dave B
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