ABTX - Agribiotech Message Board

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Microcap & Penny Stocks : ABTX - Agribiotech

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To: The Ox who wrote (7672)	3/5/1999 2:09:00 PM
From: drakes353	Read Replies (1) of 8359

Mike: Correct me if I'm wrong but I'm under the impression that ABTX was paying around .25x-.50x sales for their purchases. When and if we get into the $2 range the stock will be trading for what they paid for the purchased businesses. The open quesion is whether Mr. Market is going to value those assets at a premium or discount to what ABTX paid for them. Keep in mind too that ABTX has said they are contemplating assets sales as a way to raise money. Your guess is as good as mine at to what the assets and the revenues generated by same are going to look like after they sell off some stuff to raise cash. Good luck. drakes353

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