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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Nazbuster who wrote (13955)2/23/1999 10:29:00 PM
From: QuietWon  Read Replies (2) | Respond to of 122087
 
Anthony, Junkyarddawg let me know earlier tonight u r short ABTEE --
biz.yahoo.com

Take a look at the above. I think it is time to long this co. If anyone bothers to read the info and then the 10Q, should clarify and be more explanatory. Look at QWST when it made it's acquisitions of LCI, etc - of course it has a loss from a one-time charge on earnings.

FACTS:
1. Revenues increased from $86.3 million in 1997 to $217.5 million in 1998, representing an increase of 152%

2.Income from operations increased by 138% from $4.8 million to $11.4 million for the respective periods.

3.After taking into account a non-cash charge...ssociated with Able's obtaining financial for a portion of the purchase price of MFS Network Technologies, and preferred stock dividends, the loss applicable to common shareholders is $5.3 million. <-- again refer to eg. QWST, and LU , and several other co's who have good gains before their acquisitions.

4. Backlog at October 31,1998 was $1 BILLION (that's B I L L I O N )as compared to $159 million at October 31, 1997.

Fundamentally, as QWST, LU, etc. gotta think ABTEE is a long over the mid term.

5. If they get the Viginia EZ-Pass contract.
6. If they use their fibre optic network for other purposes.
7. They could even get some government contracts.

The more I look at this, the more this co is the leader in its niche, it wins contracts, and in America we recognize financing issues to grow, and we pay up for those types of growth companies.

And I bet we see one day LOCATION ID in cars ! Already electric cars in Calif on test roads and I bet they have sensors in them. This seems like a natural fir for ABTEE.

Open for input and discussion. The assets, alone, of the co have got to be worth in the $teens. Asset values gets recognized, either through share price appreciation or selling of the co's assets.



To: Nazbuster who wrote (13955)2/23/1999 11:56:00 PM
From: Mr. E2u  Read Replies (2) | Respond to of 122087
 
Easy now boys and girls....you're getting me nervous!

<<You want to go to sleep happy... just picture in your mind that ENMD runs to 65 tomorrow morning..... That will make for wonderful dreams...>>

I only covered half my position in the $16's and I shorted more at $20 1/2.
Also....I'm long sybr (6000 shares was 18000 but sold into the strength). Let me get out first tomorrow before you guys nail it:0

I was watching Sybr on level II all day today and it was moving strongly . I think it is a worthy short but not quite yet. One of the reasons is that they will open another website in mid march as well. The first one will open within the next few days. I also shorted mhmy for a $1 and covered yesterday.
I appreciate everyone here for making such a great thread! I'm getting a new broker soon and my New top of the line Dell computer is on it's way over to me here in Japan. I can't wait to get some more speed and also to be able to short more because my Eturd and Datek accounts have very poor short availability.

PS> Daniel do you remember me from the coms thread when we were both die-hard LONGS........how things change huh!

Thanks again Everyone!
Regards
Brad