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Non-Tech : ADM anyone? -- Ignore unavailable to you. Want to Upgrade?

To: jefflaw who wrote (52)	4/8/2000 2:52:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 106

Hi, Does anyone here have any thoughts on ADM. I have recently added to my ADM position. ADM's senior debt was down graded last week, but they are buying plants in South America, I assume very cheap. The business has not been good for a long time and I surely do not know if it is going to turn this year, but it will sometime. It looks to me that if we do not get sufficient rain in the US this could be their year of shortages in both corn and soybeans. The Red River Valley in North Dakota has sufficient ground moisture to get a crop this year, but this is a very small percent of the US growing area. Joan