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Non-Tech : American Banknote Holographics, Inc.(ABH)

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To: Ryno who wrote (14)3/2/1999 11:40:00 PM
From: Big Papa  Read Replies (2) of 51
 
My heart goes out to the long term'rs suffering from ABH's price downfall.

On the other hand, this is prime stock to get your hands on now. Many speculate ABHs loss of customer base will further its decline and possibly result in bankruptcy. I say this is not true.

Being that ABH is in the Banking/Security, it is overwhelmingly regulated by our government. For ABH's customers to go to another competitor would be a costly effort,involve some tough political pushing, and massive cutting of red tape. This adds up to a lot of dough.

Furthermore, ABH stock price has shown some major support through 4 of 5 days of Wall Street's jitters last week and suicide drop this Monday and Tuesday.

Some long awaiting news from ABH will steer this stock in the right direction. My bet is this puppy will go up. Check out the financial profile on ABH. It's valuation at this price opts it to be a bargin.

IMHO, of course!!

Listen to your papa.....
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