ABTX +600% Sales growth Agrobiotech Message Board

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Microcap & Penny Stocks : ABTX +600% Sales growth Agrobiotech

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To: Mark Buczynski who wrote (26)	12/5/1996 10:46:00 PM
From: GARY EARLS	of 119

I first bought ABTX early this year on the recommendation of BI Newsletter at 3 3/4. I sold it when it went to 4 1/16 about two months later. Now I bought back in today at 2 3/8. This is an excellent time to buy in. This is the lowes part of the year for this stock and a lot of investors are selling now for tax loss purposes. Abtx has just reached critical mass thru it acqusitions (its the 4 largest seed company now). The latest agreement with Monsanto to sell Roundup resistent soybeans this spring will greatly increase earning this spring planting season. Don't expect to see much movement in price until next year (probably late January or February). Although the acquistions have hurt it cash flow and balance sheet, the company is cutting down buying smaller companies and concentrating on making alliances with larger companies. I expect to see the price around 4-5 in May. The management of this company is outstanding and have good genetic scientists working on practical genetic engieering.

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