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Biotech / Medical : Monsanto Co.
MTC 2.900+3.4%Jan 28 3:59 PM EST

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To: Dan Spillane who wrote (933)1/20/1999 6:15:00 AM
From: jttmab  Read Replies (2) of 2539
 
Dan,

The ag products could do very well in the upcoming quarters and the share price could benefit from that aspect earlier. Perhaps an over simplification, but one can conclude that based on all the recent news (I forgot to mention Brazil earlier) a lot of doubt has been caste on the forward looking prospects and that is being reflected in the price. The earnings conference call has to address this.

If the forward looking guidance suggests an increase in earnings estimates, then things should be just fine. Otherwise, I wouldn't be very optimistic over the next 6 months.

On MSFT. Microsoft has a history of providing cautionary statements looking forward (last quarter or perhaps the one before was an exception). It's Microsoft's way of managing volatility. I'm not sure that any of the analysts believe them anymore. (MSF:Microsoft is trading at 167 USD on the Frankfurt as I type this). While a correction in this group of techs is inevitable, don't count on it being long lived or money flowing into Monsanto as a result.

Regards,
Jim
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