ABTX - Agribiotech Message Board

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Microcap & Penny Stocks : ABTX - Agribiotech

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To: W Shakespeare who wrote (8249)	11/15/1999 6:31:00 PM
From: The Ox	Read Replies (1) of 8359

OK, the way I see it the stock price is probably right where it should be considering the following: Revenues for the quarter dropped 18% when compared to the previous year. Strike one. The total number of diluted shares have increased 17% during the same period. Strike two. Operating expenses for the quarter increased by 7.67%. Strike three.....your out! Pretty damn ugly if you asked me and the stock price reflects this appropriately in my opinion. Let's hope they do a better job going forward. I must say I am VERY disappointed in the short term. I'm still willing to give Budd a chance and I know that 'Rome wasn't built in a day'. Good luck ABTX and from the looks of this report, they are going to need both luck and very hard work to turn this thing around. Very disappointed, Michael

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