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Biotech / Medical : Monsanto Co. -- Ignore unavailable to you. Want to Upgrade?

To: Cytokine1 who wrote (46)	12/8/1997 10:43:00 PM
From: Dan O.	Read Replies (1) \| Respond to of 2539

Kinda quiet? I've been gone for a few weeks, a little s&f (or is that r&r?) and catching up on good old mtc was nothing like lgnd. I'm getting a headache just thinking about it. MTC doesn't fit into vd's port, but I'm sure that those guys have (or should have) other types of stocks (like this) to balance their portfolios. Take care, and see ya back at vd. Dan Ogens btw, that thank you a few weeks back was for all the work you've done for the portfolio, its appreciated.

To: Cytokine1 who wrote (46)	12/10/1997 12:12:00 AM
From: Dan Spillane	Respond to of 2539

Yet more aggressive movement by Monsanto into new markets. This company doesn't stop. I'm surprised there is not more positive Wall Street coverage here. Headline: Delta and Pine-Monsanto venture forms partnership ====================================================================== SCOTT, Miss., Dec 9 (Reuters) - D&M International LLC, a joint venture between Delta and Pine Land Co (NYSE:DLP) and Monsanto Co (NYSE:MTC), said Tuesday it formed a venture with Centro Integral Agropecuario (CIAGRO) for the production and sale of genetically improved cotton seeds in Argentina. CIAGRO is a distributor of agricultural inputs in the Argentine cotton region. D&M is a 50-50 partnership between Delta and Pine Land and Monsanto. The new venture will be called CDM Mandiyu and will be owned 60 percent by D&M and 40 percent by CIAGRO. CDM Mandiyu will be licensed to sell cotton varieties containing Monsanto's Bt gene that makes plants resistant to certain insects while reducing the need for pesticides. During the remainder of this year, Monsanto will continue to perform field tests for its Bt "Bollgard" cotton with commercialization planned for 1998, after final approval from the Secretary of Agriculture. Future plans include the production and sale of Roundup Ready cotton that is resistant to Monsanto's Roundup herbicide, which is estimated to take place in 1999. chicago.equities.newsroom@reuters.com))

To: Cytokine1 who wrote (46)	12/10/1997 12:28:00 AM
From: Dan Spillane	Read Replies (2) \| Respond to of 2539

From recent conversations with a real California farmer (also, I schooled in Iowa, by the way): In a message dated 97-12-09 16:47:06 EST, CF Seattle writes: << Note the biggest problem here is farmers who can't get Monsanto products, because there isn't enough supply.>> Absolutely Dan. You hit it right on the mark again. The latest problem on the farm is not that the seed manufacturers have not kept up technolgy wise, the main problem is that even after they cross the legal hurdles, it generally takes some time to be able to fill the demand. Believe me the demand is there for a plant (corn, cotton, tomatoes, etc) that is insect resistant, disease resistant, herbicide resistant, or any combination of the three. The odd part is that on our end, we are talking a reasonable dollar amount per acre higher to be able to plant this altered seed over the standard seed. Yet our income now has the potential to be raised by several hundred dollars per acre. One area I really have neglected also Dan is the huge benefit from eliminating pesticde applications. Since I live and farm in California, environmental concerns run rampant here. Every chemical company is considered evil, and of course every farmer the same, because in part, we rely heavily on chemical applications. What Monsanto and others are bringing to the market front will save a phenomenal amount of pesticide applications which in turn will have a very positive spin environmentally. Its a win win situation for both Monsanto, farmers, and environmentalists. Continued success, Sam