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Microcap & Penny Stocks : ABTX - Agribiotech

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To: M. Carver who wrote (7086)1/22/1999 6:40:00 AM
From: Big Dog  Read Replies (2) of 8359
 
Dear Mark: You stated that: "What I find more puzzling is a feeling out here by some shareholders that ABTX won't follow through with their original timetable."

It's not that I (or others) feel that ABTX management is not trying very hard to meet the publicly stated timetable. The issue is "whether the potential acquiror is using the 'self-imposed timetable, shareholder expectations, and financial conditions' to their advantage to negotiate a lower price?" If they are, Dr. Thomas may have a fiduciary duty to us shareholders to back-off of the timetable to get us and the company a better deal. That's all.
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