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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (9681)12/27/1997 10:19:00 PM
From: Sergio H  Respond to of 79308
 
Ken, I like your reference to C. Smith as them. LOL

Doug's list-contd.

ADMG - Advanced Materials- plastic packaging and specialty foams, foils and adhesives.

Company has had 5 consecutive record quarters for sales and income. Sales growth for '97 is expected to be 55% increase over '96. Profit margins have also been improving. The company bought back 2 million shares in Sept. from major shareholder Trilon, reducing Trilon's position to 19%. Less shares outstanding will benefit the company's bottom line in next quaterly earnings report.

Looks like the situation may get interesting. Short interest has been increasing. viwes.com Good earnings will likely cause the shorts to cover. There is every indication that the earnings growth will continue.

ADMG announced in Nov. a new joint venture in Singapore with Foamex (FMXI). This endeavor is set to kick into gear in early '98. Co. has also hinted that there will be a similar relationship, perhaps with a different company, in Mexico in the near future.

ADMG also has plans to market a waterproof, breathable textile with multi-uses. The material is bing developed by Innovative Tech. a former AMDG division. ADMG has retained exclusive worldwide rights to market this textile once it is ready for market.

Sergio