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To: Instock who wrote (55)12/3/1997 10:05:00 AM
From: Louis Riley  Read Replies (1) | Respond to of 1488
 
Ha. What a joke. As Mark Haines said to introduce the interview, "hold the pickles and the gamma rays" on my hamburger.

The CEO admitted from the start that his company does not make money.

They have one facilty - in Florida. Beef packers would have to ship meat to them from Texas, Nebraska, and Kansas to be irradiated.

Mark Haines noted their auditor questioned their ability to continue as an ongoing concern.

CEO admitted they have no patents on the process.

CEO conceded that the majors - IBP, ConAgra, Tyson, and GoldKist - would likely build their own irradiation facilities if they even adopted the practice.

CEO had big plans to build a lot of plants to serve the smaller packers - "a niche", but admitted they would have to raise a lot of money to do so. They have already spent $8 million building a facility that has been open for business for some time and generates almost no revenue.

Best short since CFON.



To: Instock who wrote (55)12/3/1997 10:05:00 AM
From: Matthew Tyson  Read Replies (1) | Respond to of 1488
 
Instock, remember STAC?!?! It looks ready to me, and I just bought a couple K.

Happy trading,
4profit



To: Instock who wrote (55)12/3/1997 10:34:00 AM
From: Matthew Tyson  Read Replies (2) | Respond to of 1488
 
Also, ABTE took off on buyout news, I bought on the pullback, looking for 11 1/2 to 12 today.



To: Instock who wrote (55)12/3/1997 10:41:00 AM
From: Frank Buck  Respond to of 1488
 
Doesn't that seem strange? I will watch throughout the morning the activity on VIFL. I caught the CNBC interview. Mark Haines is my man when it comes to asking questions. You know when he has the glasses in his mouth that he is "cross examining".

Good luck on RLLY, I'll check it out. Keep an eye on QUIL. It should/remain strong for a while. Up from a $1 about three weeks ago.

Frank