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Microcap & Penny Stocks : ABTX - Agribiotech
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To: Mr. Miller who wrote (1317)12/15/1997 1:08:00 AM
From: glen  Read Replies (1) of 8359
 
TM Miller,

At the recent Dain Bosworth Conference in NYC, Johnny Thomas said that at this time, the total forage and turf market was $1.3 billion, and that after making allowances for the fringe parts, he considered $1.1 billion the more realistic number to measure against. Thus, $500 million divided by $1.1 billion gives the approximate 45% market share. (This computation is only to show how the % market share is derived). This is not to say that the market cannot grow larger in time, but it is the number that JT is using. If you want to refute it or revise it, I suggest you call JT and then let us know the results.

Miller, we are not disagreeing. I was only trying to tell you what JT said were his prioritiesat the Conference. I will not repeat them again now; one ringing of the ears was sufficient.

regards and always your TM,
glen
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