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Microcap & Penny Stocks : ABTX - Agribiotech

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To: Lucky who wrote (1292)12/12/1997 10:32:00 PM
From: Mr. Miller  Read Replies (3) of 8359
 
I think more like we respect anyone's investment options.

We're not necessarily nice, but thanks for complement-we have had to be not so nice when the time was appropriate. I once felt the brunt of major thwapping(a term dubbed by TM Anette that essentially is the cyberequivalent of a smack upside da head) when I stepped out of line. It isn't pretty. You have stated your intention and not played games-that will go a long way for credibility. Best of luck timing the market.

Smith Barney's coverage will be the first of many. I spoke to Gilford's O.B. today very briefly. He was reluctant to discuss ABTX since I was not a client. He did mention a possible debt offering at 25 or so, about 5 million shares. No real news. We all know one is inevitable-I am not sure when the best time is. Any insights here?

Much comparison to MYCO and DLP in analysts' hearts. They feel that since those companies are trading highly, and ABTX is doing similar(or better) numbers, they too should be at their level. Gilford wants ABTX at 20-26 now. No matter, let's just continue to growth and the rest will take care of itself.

Does anyone know if ABTX intends to get all of the industry, eventually, under its roof? This is in response to Gilford's assertion that most growth in/after 1999 will be internal. Either we'll have $1.1 billion unrealized revs(yyyyyeah!), or ABTX will "stop" at, say, $700 million in annual revs, and then focus on transition to proprietary and then genetically improved seeds. Their info(website) indicates that alot of the seed industry is made up of very small businesses. So beyond, say the $700 million, how will they "get" the rest, if they were to want to do that?

$15 3/4 for the high. Wow. What a solid small cap! With the following just beginning and more great growth ahead, I am not even worried in the least about pullbacks-they are simply consolidations. I won't play them, so you'll not see my shares ever again in the float. I wish the best for everyone. My goal stands to be $100 by July 2000 or before. Straight line, flagstaff, curve, whatever....we'll be there.

Miller
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