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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (3000)4/27/1999 9:37:00 PM
From: TideGlider  Read Replies (1) | Respond to of 4128
 
I don't think so Daniel and are you attempting to compare any of the stocks you recommend as talented as that group was? MSFT is not something to use as a comparison to OTC BB reconstructed shells.



To: Daniel Miller who wrote (3000)4/27/1999 9:54:00 PM
From: Spamboy  Read Replies (1) | Respond to of 4128
 
Goodnight Yall!

See ya in the a.m.!

Kowboy



To: Daniel Miller who wrote (3000)4/27/1999 10:23:00 PM
From: John Sladek  Read Replies (2) | Respond to of 4128
 
Daniel,

you have to admit that she is very biased towards the penny stock market... If you told her MSFT was good 8 years ago she would have bit off your ear.

I think that you have used a poor analogy: MSFT was never a penny stock. It was brought public via a $61 million IPO at $21 a share in 1986. At the time they went public, Microsoft was already a successful private company with a large number of products including: MS-DOS, XENIX, Word, the Microsoft Mouse, a bunch of really good Macintosh software and of course Windows.

Microsoft had a verifiable track record at the time of the IPO, and had sales in the year prior to the IPO of about $140 million. In the year of their IPO, they had 1,400 employees. (Note: All information on MSFT was found in Bill Gates's biography microsoft.com ).

I think that this is how most successful public companies start out - as private companies that do an IPO, not as reverse mergers on the OTC:BB.

Regards,
John Sladek

P.S., Eight years ago (1991) MSFT had $1.8 Billion in sales and had a profit of about $460 million (according to Value Line).