To: LTK007 who wrote (1124 ) 12/8/1997 11:04:00 PM From: Mr. Miller Read Replies (1) | Respond to of 8359
If DLP is not overvalued at 148 X P/E(trailing 12 months), then I want ABTX to be just like them. Would LOVE to see something like 35 by report of 4th Q FY1998. Enough dreaming. PEG buys are usually 1 or less right? We really don't have a P/E for 12 months trailing, since that is a negative eps, so I'll show for my usual 32. P/E=32, and our growth rate is triple digit, which would make for a PEG of less than 1/3. That is a very bullish sign. I agree that PEG is a much better indicator of strong stocks. But, small stocks can easily have low PEG ratio since they have such small bases to compare. Nevertheless, you want to be in range. I mean, if you were small and had a bad PEG, forget it. The strength of the stock certainly will make it better for ABTX in the Acquisition Plan-giving out less shares for the takeover. Also, if/when we do get major sponsorship and listing of NYSE, public offering won't be so high to cover the debt load, having a high price. It really is amazing to have been so lucky to have come across this stock when I did in April. That is all it was-LUCK. There are so many out there that have never heard of ABTX and will probably never hear of them till we are over $100-some may never. I consider myself one of the luckiest people in the financial world. At todays close, I have seen in only 8 months, a rise of over 400%. I am sure there are others out there that have done better, but I just didn't come across them. At least I found one. I have not held all the way through, as you may know, since I did not believe this company could do it. It really has been impressive to watch. Perhaps the only slowdown was the "Asian Contagion" that CNBC loved to say-last count Ron Insana said it 6 million times. I guess we are finding out now where it could have gone the past few months, albeit much slower. I am holding now, and only looking to add along the way as monies come available. GUESS NOONE LIKES THE NEW THREAD? I THOUGHT WE WANTED OUT OF FIVE DOLLARS AND UNDER? IF MY TITLE SUCKS, LETS MAKE ANOTHER ONE. Mr. Miller