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

To: Franklin M. Humphreys who wrote (1168)	12/10/1997 9:08:00 AM
From: Mr. Miller	Read Replies (1) \| Respond to of 8359

Franklin, your perspective is appreciated, and you may be correct. Your assertion that we will retreat is as likely as anyone else's assertion that it will go to 20. Consolidations are likely after any quick rise, and 14 1/2 would be nearly 50% gain in less than two weeks, so I would not be too suprised to see one anywhere along the way to 15. Good luck trying to guess though. If you are correct, then you should be able to get back in with a lower price and have more shares. If not, then you'll lose money and buy back at higher price with less shares. It's a gamble-good luck. Those of us who have been with this company at least since April 1997 can not sing the blues. We are up over 400%, closing in on 500%. I am happy with the move no doubt, and I played the pullback in October-November period, and got lucky-I did not have faith going forward. There is a strong track record, but I am sure current coverage is promoting big driving this current wave. We based at 9 1/2 during the Oct.-Nov. period, so I do not think we'll ever see below those numbers again unless fundamentals change. I can say fundamentals, because expectation for over 300% growth in annual revenues is enormous, and sure to catch attention on wallstreet at prices of 20-30/share, market cap nearly a billion. We are all happy. If we see a drop back to 11 or 12, it will suck, but we won't be singing the blues. There is nothing glaring negative about this stock's growth. Stock offering in spring will allow us to cover debt accrued. We'll see a little dilution. So what? I just don't know how you can say we'll be singing the blues. When we hit $30s by this time next year, I'll be looking at almost 300% gain from right now. I'm already looking at over 400% from when I joined the club in April. That is not bad. Heck, if we dropped to 5 in the next 12 months, I still would have a gain of 100% over a less than 2-year period. That is no copout, it is just a fact. Let those of us who are exhilarated...BE. We don't need a reality check. I think we all understand that we're not going to 100 tomorrow, but we'll be there in a couple of years. There is much to be done. Management is liked, no legal problems, strong track record, and enormous growth. We are going to be as big as DKB in less than a year, and that is impressive. You surely can't knock the fact that we are growing fast and that we are number 1 in this industry. This "Acquisition Program" is the key to their success right now. As we approach the "end" of that program, we'll be careful to see future ventures and weigh them against potential changes in fundamentals. You obviously would not pay 14 1/2 at this point. I say that there will be alot of times when we are overvalued and undervalued. I though we were overvalued for the "situation" at 10, but I was NOT going to miss the slow rise in anticipation of a rebound starting next year-kicked off by COMPLETION of the Lofts deal, and now the $40 million deal. I had been holding my previous position, and playing with some other stocks to get more money for ABTX. I still have not found a better growth story than ABTX at this level. I got all of it in ABTX now, and willing to ride out the bumpy ride for the LONG-TERM benefit. WB is a wise man and his advice would be to buy it and hold it. I think this pace is fast and probably unsustainable. I mean, you can't really go up 30% every two weeks(or was it one week), that's just not possible. But we can do $3/month for the next 30 months to reach my guess of $100. A ten bagger easy...Heck, a 33 bagger from $3, in just three years. Not a bad % average yearly gain. Good luck to all and their strategy. Miller

To: Franklin M. Humphreys who wrote (1168)	12/10/1997 1:47:00 PM
From: ARCHIE P.	Read Replies (1) \| Respond to of 8359

WAKE UP CALL "2" ABTX is soaring these last few days in spite of the markets nose dive. This is a sure sign of strenght. We are not so naive that we do not think that the stock will ever pull back, that would be very sill to do so in this day and age. The short term, in and out, ride the wave players will collect and split, which will provide great opportunities for stronger hands to get in at a lesser price. We're going north Frank, do not get left at the ticket counter trying to get a window seat......Archie

To: Franklin M. Humphreys who wrote (1168)	12/10/1997 3:53:00 PM
From: glen	Respond to of 8359

Hello Frank, I certainly would not criticize anyone for taking a profit, and especially for being prudent. I have no problem with someone who wants to take some money off the table. However, I would like to point out two things. First, go re-read your investment style. ABTX certainly has not failed you, and I doubt that we who choose to hold our entire positions will ever rue a price of 14 1/2. Second, there is only one person on the Forbes list of the 400 Wealthiest People who made it strictly as a stock investor. His name is Warren Buffet. And, he didn't do it by trading in and out. I'd sooner follow his example, and stay with a winner and a winning style, than risk losing any part of my position, for at best, only a few points of profit. regards, glen

To: Franklin M. Humphreys who wrote (1168)	12/10/1997 4:45:00 PM
From: LTK007	Respond to of 8359

Franklin I agree the thread should moderate its euphoria as stocks is stocks it is like Poker.When I play poker I play cool calm and controlled and I find I am winners far more than losers in the game of poker,I feel I wish to bring that same style to investment. And as such I respond to your statement<FWIW any one who doesn't take profits at 14 1/2 is going to know the effects of rue, for sure.>By cooly and calmly saying I do not concur with this opinion of yours.I added 400 more shares today at 14&1/4(I am now at 2K shares)as I do not see the CERTAINTY of a major fallback that you seem to be so totally certain of--you are obviously a devotee of the philosophy of trade-in and trade-out and trade-in etc to make money.I suspect,this is my initial opinion,that ABTX will not be a good traders stock.I also suspect that the shares bought the past few days are significantly more long-term players than short-term players--I say this because I ran a full-text search on SI for ABTX and found that only one short-term player mentioned it and he said he saw this as an excellent buy and hold,longterm play.That's my 2 cents.Max90 players because I found

To: Franklin M. Humphreys who wrote (1168)	12/10/1997 5:54:00 PM
From: glen	Read Replies (1) \| Respond to of 8359

Frank, For many of us, at least we are consistent. We have said we are long term holders and haven't wavered on our convictions. On the other hand, your stated investment philosophy is Buy more on the way up;etc, as stated in your profile. Oh,oh oh... I get it. Perhaps you meant, you buy when you fly(i.e on your way up)...or you fly when you buy. Or is it you trade by (buy) the seat of your pants? I hope you don't fly by the seat of your pants. All kidding aside,I do like your investment philosophy. I have ABTX at 2 3/16 and have added all the way up, including this week. I guess 14 1/2 is to high an altitude for you at this time to be flying at. regards, glen The "TEAM" won't rue the day we didn't sell at 14-14 1/2 'cause we ain't in for just a few points.