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Microcap & Penny Stocks : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?

To: ARCHIE P. who wrote (927)	11/3/1997 8:07:00 PM
From: Mr. Miller	Read Replies (1) \| Respond to of 8359

Archie, you beat me to it. I was just about to post a humorous story about how exciting this thread has been lately. I firmly believe that ABTX will achieve those sales faster than expected. There will be exponential growth from here(starting January) that will allow ABTX to do over $400 million FY1999, and then well over $500 million in FY2000, perhaps 600 or 700 million. That leaves FY2001 to be more like $850 million to $1 billion. I see no reason why growth will not accelerate as they become so dominant. Problem may be continuous restructuring charges, but growth in germplasm technology along with what I expect to be a developing relationship with other companies like MTC or DKB, will more than carry ABTX with a solid foundation for expansion outside the contiguous United States. Projecting into FY2001 will be eps of $2.50-$2.75. At P/E of 34-40(for upcoming 12 months), we could see $100 for June 2000. At trailing 12 months, we could see45-50P/E on eps of ~$2.00. That is where DKB was and will be again. And if you look at PEG, then ABTX is and will be a very strong buy for many years to come. With this latest quarter in hand at well above projections, I think this stock is way undervalued at $10, but many people including myself are concerned about lack of movement in this time of year. I believe that big players(bigger than that now) will move in next year and catapult us into 30s by year end. Next year will be a stellar year with more acquisitions of 125-150 million in revs by end of FY1998 and more by end of calendar year. I see unrealized revs at near $500 million by this time next year. We'll have sponsorship from a major firm, and maybe listing on NYSE. It will be a banner year. I bought some today at 9 7/8 since I see 10 being a nice support area for the duration of the year. Late December will probably mark the beginning of the upticks for the 12 months to follow. I have been playing with a penny stock that may go up in the next few months allowing me to have more money for ABTX come January. ABTX is an impressive play. I may be optimistic, but ABTX has been putting to shame their modest projections. This is a lifetime opportunity. Few come along that will do so well. We are #1 in the industry and no competitors yet to speak of. We are more glamorous than typical ag business in that we are associated with golf courses and other leisure activities. Increasing popularity for leisure and food will allow ABTX to thrive along with MTC and DKB in the future as they have over the last 4 or 5 years. Miller