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Microcap & Penny Stocks : ABTX - Agribiotech

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To: Allan C. who wrote (8334)1/27/2000 7:34:00 PM
From: taxman  Read Replies (1) of 8359
 
thanks for the report. i worked for geothermal resources, inc which went into chapter 11 and many merchants around santa rosa, ca were left high and dry. it became dangerous to walk around sanoma county with a geothermal resources jacket or t shirt. i was one of the lucky ones (5 of 60) in that i was not fired on the spot. gave me time to find a new postion. so happened someone had to file the tax return--bankruptcy or no. by the way, the equity shareholders wound up with zippo.

a poster on yahoo indicated how his abtx investment has ruined his life.

my only connection with this mess is that i own a couple of $5 puts and will make a few bucks. i buy puts all the time and happened to pick this one as well as others as a hedge in case market drops. no big deal one way or the other but i know this is not funny to many.

regards
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