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

To: sherine elgohary who wrote (1216)	12/11/1997 7:31:00 AM
From: Gary Green	Respond to of 8359

A non-technical perspective: I chased this stock for two days trying to cover a call I sold. I saw great strength, and those looking for short term profits had many buyers. In fact, it appeared at one point, according to my broker, there were higher orders on the books than were being filled.(e.g., a sale at $14 while there were orders on NASDAQ's system to buy at $14 1/8.) If we do not see 15 today, I will be surprised. Also, the rise caused a new $15 strike price option to be created in a hurry, with still higher strike-price options on the way.

To: sherine elgohary who wrote (1216)	12/11/1997 9:00:00 AM
From: Mr. Miller	Read Replies (1) \| Respond to of 8359

I'll put my money on Monsanto as the other player in this biotech deal. ABTX already is involved with their Roundup Ready product. I am sure that Monsanto and other agrichemical companies are becoming increasingly interested in ABTX's story, and see a potential partner for many genetic/high tech agreements. Secondary offering is inevitable-they have debt and are still ringing up more with the acquisitions. That's life. They probably have in the neighborhood of $55 million after these last two deals, with more to come. I do not see any reason to offer until we are in the 25 to 30 range. It will happen, so why do one now? It will be in the fall at the earliest. I am a firm believer in the future growth of ABTX. Hitting $500 million(unrealized) by July is a tall order, but the rapid growth for ABTX thus far indicates to me that it can be done. I knew they would do it. 24 at least by July 1. I do not understand why JT says it undervalued-what is proper value for this stock at this time?. 14 seems pretty impressive for a company at this level at this time, especially with the NASDAQ down over 60 points in the last two days. If we will be at 24 by July, we have only 10 to go in the 6 months and 3 weeks to follow. That's about $1.50 rise over that period per month on average, unless he thinks 24 by July is conservative. Hmmmmm. After all, MYCO was over 20 with similar numbers as ABTX(including the recent deals being completed), except MYCO has not made any profits yet. Perhaps we'll see 20 in early January? Thanks for posting that, Anette. Certainly, noone knows better than JT about what is going on, and I agree that ABTX is directly immune to the "flu" in southeast asia, but perhaps not indirectly. Today, with futures down again, and ABTX up 40% in the last 5 or 6 trading days, we are bound to pull back at the start, just like the other day, but destined for a return to 14 1/2. Love the activity and love the growth in stock price. Looking forward to JT's letter to shareholders-when does he put this out? Next year will be fast and furious, as we anticipated. ALL SHOULD READ GILFORD'S UPDATE. THERE IS A NEW PLAYER FOLLOWING, AND THERE IS GOOD COMMENTARY ON FUTURE HOUSE COVERING("NOT OVEROWNED") Y-E-L-L, everybody yell...Y-E-L-L, everybody yell! Miller

To: sherine elgohary who wrote (1216)	12/11/1997 12:53:00 PM
From: ARCHIE P.	Respond to of 8359

Hello Sherine, if the 7 to 9 month price target on ABTX is 20 to 25 dollars a share, the question is, how in the world could you even consider selling one share of your stock. Sherine please don't do this to the rest of your teamies. The company has had a great run up as of late, plus profit taking and great market weakness will erode some of the exceptional gains that have come our way this week. Fear not loyal thread members, when we hit 20 in March, these times will be but a distant memory and of little importance. The biggest mistake one can make is to give up ones position in a great company. Secondly, uncle sam will eat you alive. A two fold loss as I see it.(IHMO).......TM2 ARCHIE