ABTX - Agribiotech Message Board

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Microcap & Penny Stocks : ABTX - Agribiotech

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To: drakes353 who wrote (7790)	4/12/1999 5:03:00 PM
From: Osothebear_517	Read Replies (2) of 8359

You are the greatest. You and your short progeny have been lecturing all who would listen about the perilous cash position in which ABTX currently resides. To prove how right you are, you take the totally untenable position that they will not realize any profit in this their busiest qtr or the next. You present this proposition on the same day that the company reveals that they have just been granted an additional $10 million of working capital. Is it your theory that these bankers had just fallen off of a turnip truck when Budd pulled up and asked for the line of credit? Don't you think maybe he had to show them some evidence as to ability to repay before they extended themselves further? I agree that the analysts' estimates haven't been updated since the JT debacle. That argument has nothing to do with whether the company was profitable for the qtr. just passed or the current qtr. OSO

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