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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: kendall harmon who wrote (57989)	2/23/1999 10:30:00 PM
From: QuietWon	Respond to of 119973

ABTEE --http://biz.yahoo.com/prnews/990223/fl_able_te_2.html 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.