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Microcap & Penny Stocks : AG-BAG (agbg)

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To: Dusty who wrote (30)3/30/1998 10:48:00 PM
From: TobaccoMan  Read Replies (1) of 48
 
Dusty,

AG-BAG is a good company, but it has many obstacles to overcome before becoming a great company. The possible silver lining to this cloud is AG-BAG's move into municipal waste treatment. They have developed a system for landfills to speed decomposition of waste under controlled conditions using their bags and machinery. IF they were to effectively develop and market this system, their growth could be phenomenal.

AG-BAG continues to grow with its agricultural products. The only problem here is that W Street rarely becomes interested enough in Ag stocks to rocket them upwards. Ag companies also must battle resistance to change by producers - mostly dairy farmers in AGBAG's case.

All we can do is keep watch - and wait, like me, for positive signs of growth. The best thing I can say about AGBAG now is that Joe Copia feels the stock is ready for a move. Mr. Copia is a regular on another thread I follow, and he is very successful with his picks. I have followed AGBAG for months without much interest until Joe arrived. Now I will be paying more attention.

Best wishes, Tob
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