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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: michael john stout who wrote (3855)8/26/2003 3:34:56 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Michael,
I like "Network effect industries" so airline carriers are a natural fit for my type of investment preferences.. will certainly check out ABXA - if not sooner then end of this week..

JSDA - good luck with it. I'm a tad hesitant here - valuation ratios are average, for example new age bev. maker HANS is cheaper and my 2 japanese softdrink cos are 1/3 to 1/2 as cheap.. let'see what outperforms what..
JSDA $1, HANS $6, 2551.J - 520 Y, 2598.J - 490 Y

rgrds
CROSSY



To: michael john stout who wrote (3855)9/19/2003 11:56:58 AM
From: BulbaMan  Read Replies (1) | Respond to of 37387
 
Michael: Do you still like ABXA? I listened to yesterday's CC and it does look like projected cash flow would justify a much higher price for the stock - especially if, as seems likely, they move to the Nasdaq.



To: michael john stout who wrote (3855)9/22/2003 4:06:24 PM
From: boneil55  Respond to of 37387
 
Careful with the ABXA Q,

The Q is based on historical performance (of course), which actually is no longer relevant here. The company's contract with Airborne has been restructured since the deal. Hence, the cash flow you see in the Q overstates the cash flow the company will be able to generate going forward.

It is an interesting situation, and appears to be an undervalued stock. It is just not as strong a cash flow generating company as the Q reflects.

--Brian