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Biotech / Medical : Monsanto Co.
MTC 2.305+9.2%Nov 21 9:30 AM EST

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To: chirodoc who wrote (697)12/2/1998 6:25:00 PM
From: John F Beule  Read Replies (3) of 2539
 
After the issuance of bonds by MTC this week we should see some upward revisions and upward movement.
It's good timing, having this bond offering this week, 1: market is in high flux, makes for fast sales of "safer" investments; 2: Celebrex WILL contribute to bottom-line to show increased cash flow to pay off debt, and that's what Moody's et al are interested in when issuing these bonds, this equals fast sales also.

I read in an earlier post that MTC's Searle unit was up 26% YOY? Wow, that news got buried in all the talk of Celebrex.

The fundementals of MTC are quickly becoming FANTASTIC!

Going long....

John
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