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Biotech / Medical : Monsanto Co.

MTC 3.460

+8.5%

3:59 PM EST

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To: Dan Spillane who wrote (1898)	4/7/1999 1:38:00 PM
From: Professor Dotcomm	Read Replies (3) of 2539

No, I think the market is less myopic than you infer. Every so often a new fad hits the market - and the market seems to be able to effortlessly digest them all. The radio & TV craze in the 20's & 30's saw many casualties - but radio & TV ended up being a larger proportion of late 20th century life than many of the safe bricks & mortar (or smokestack?) companies that were then in vogue. If you saw Lumiere's movie - "l'Arrosoir s'arrose - (the first movie ever made, in the 1860s, I believe) would you ever have been able to anticipate '2001' a century later? What I like about MTC is that it, too, like all the YHOOs and AMZNs of this world, is not afraid to look, differently and imaginatively, into the future and it is not being deflected by the wrong kind of environmentalists. How else will we be able to handle the projected population of 2020 (when it is expected to stabilize)?

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