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Biotech / Medical : Monsanto Co.
MTC 2.780-1.2%11:33 AM EST
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To: David Luckie who wrote ()1/19/1999 7:20:00 PM
From: nickscores  Read Replies (1) of 2539
 
For a company that was supposed to be low risk, minimal price swings, Monsanto has sure provided a series of surprises. The Street continues to think of Monsanto as a pharma company. It is as though Searle is all there is to Monsanto. Clearly, this is wrong. The future of MTC is as the dominant global agribiotech company - Searle is the icing on the cake. Unfortunately, the icing is having a few problems right now. Eventually, the market will correct and long term holders of MCT will be rewarded. Still, this is not a fun time.
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