ABFG - AMERICAN BENEFITS GROUP, INC. Message Board

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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC.

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To: Daniel Miller who wrote (3000)	4/27/1999 10:23:00 PM
From: John Sladek	Read Replies (2) of 4128

Daniel, you have to admit that she is very biased towards the penny stock market... If you told her MSFT was good 8 years ago she would have bit off your ear. I think that you have used a poor analogy: MSFT was never a penny stock. It was brought public via a $61 million IPO at $21 a share in 1986. At the time they went public, Microsoft was already a successful private company with a large number of products including: MS-DOS, XENIX, Word, the Microsoft Mouse, a bunch of really good Macintosh software and of course Windows. Microsoft had a verifiable track record at the time of the IPO, and had sales in the year prior to the IPO of about $140 million. In the year of their IPO, they had 1,400 employees. (Note: All information on MSFT was found in Bill Gates's biography microsoft.com ). I think that this is how most successful public companies start out - as private companies that do an IPO, not as reverse mergers on the OTC:BB. Regards, John Sladek P.S., Eight years ago (1991) MSFT had $1.8 Billion in sales and had a profit of about $460 million (according to Value Line).

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