The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Olu Emuleomo who wrote (6091)	1/8/1999 7:57:00 AM
From: JeffA	Read Replies (1) of 90042

Good Morning Olu OK time to defend my pick. The huge drop you see in our chart is when the merger was called off. MTC has recently undertaken the monumentous task of buying DKB for $100 a share (4 billion) DLP for (I forget how much, several hundred million) and going alone without the benefit of AHPs deep pockets. That is why it appears MTC could be in trouble. But: 1. Round Up ready crops are going to be sold in record numbers next year. 2. Celebrex is approved. We are taking it to market now. This is a potential billion dollar annual in sales arthritis drug. PFE only gets a set fee for distribution. 3. When DLP acquisition is complete, we will have over 55% of the worlds cotton market. I believe these are decent reasons to hold in your long term and forget they are there. We also have recently had two splits in '96/'97. I've stated my case. The technicals will not reflect the majority of what I have stated, or can they? I don't do much chart analysis. I can clearly see the difference in the charts you've posted but if you look at MTC chart up to the merger called off it is just like those other two charts. Good Luck to you.

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