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Microcap & Penny Stocks : ABTX - Agribiotech

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To: Pete Ryley who wrote (1090)12/7/1997 8:14:00 PM
From: ARCHIE P.  Read Replies (2) of 8359
 
It just goes to show you Pete how this sector works. DLP is trading this high on projected future earnings, not on what it has done in the recent past. What about Mycogen? 31 million shares outstanding, only a couple hundred million in sales, high double diget earnings loss, and the stock sells in the 20 dollar range. IMHO, ABTX is a better buy, than DLP is a short. What do I know, I only own the cheapest stock in this seed sector. Remember Pete you asked for opinions, and you know what they say about them......Archie
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