Afton Foods ( AFF ) -Franchise Consolidator Message Board

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Microcap & Penny Stocks : Afton Foods ( AFF ) -Franchise Consolidator

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To: J.C. who wrote (4)	3/4/1999 8:11:00 AM
From: David Michaud	Read Replies (1) of 60

Our present target is $0.30 based on 14 times 1998 (trailing) earnings - to be announced in mid-March. We have not taken into account a potential major acquisition that is expected to occur during the next few months. This could add further upside, the extent of which is impossible to predict at this time. If we recall Comac Food Group (CFX.B-ASE) exploded from about $0.40 to $1.75 upon the announcement of a major acquisition (Dominos Pizza franchise rights in Canada) a couple of years ago. Comac is a very close comparable to Afton. reprint from stockreviews.com

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