Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: dumbmoney who wrote (11589)	7/16/1998 11:39:00 AM
From: CatLady	Read Replies (1) of 18691

ABTE - Interesting PR from the company yesterday. "Gideon Taylor, chairman of Able, ... added that there are "absolutely no fundamental reasons" for any decline in Able's stock. "Things couldn't be better with this company," he said. "Any way you took it it, Able is performing well. We expect strong earnings per share next year. Revenues are expected to exceed $500 million -- that's a stream of revenues of more than $1.3 million a day. "We expect $50 million in EBITDA," he added. "By any evaluation, we should be selling at a much higher current market price." biz.yahoo.com Chairman hyping the stock? Not a good sign right there.

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