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Microcap & Penny Stocks : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?


To: chester lee who wrote (8071)6/27/1999 11:23:00 AM
From: Osothebear_517  Respond to of 8359
 
Chester,

That is exactly the reason that they make chocolate and vanilla. Everybody needs to have a choice. Have you noticed that news of ant magnitude will produce a 2 million share trading day in this issue. the fact that day to day trading has fallen into a 200,000 share rut does not mean that the stock is not being scrutinized on a daily basis. News of a strategic alliance or even a make good on the projected EPS break-even will bring buyers out of the woodwork. The large short position has to get filled sooner or later and when it does, a run-up is inevitable. The company has weathered the storm left as JT's legacy. Budd's management team has played their cards tight to their vests but have been holding the winning hands every time they have been called. Before you write this investment off as dead money, I think you ought to look at the 4Q results.

JMHO

OSO



To: chester lee who wrote (8071)6/27/1999 12:16:00 PM
From: vestor  Respond to of 8359
 
Best time I've found for research.... nice & quiet.... great internet access time..... Perhaps like yourself.....

I do expect that ABTX will elaborate on the consolidation details such as its cost and its savings, one time and operating. I do hope that they see profitability in YR 2000 and have no reasons to doubt otherwise but it is just my feelings and perhaps a little of that Budd belives so and he's been a straight arrow so far.... Yes, one could argue sucessfully that ones $ are better served elsewhere and I can understand what your saying... but in the interest of diversification money placed in this sector is not completely unwise given too this is a turnaround play. I have many plays going for many different reasons.... Yes I agree that we may inch up slowly but perhaps surely and the downside risk has been greatly minimized at least at this time....

Thanks for responding and good luck with your investments !