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


To: InvestorLady who wrote (4476)8/24/1998 11:17:00 PM
From: The Ox  Read Replies (1) | Respond to of 8359
 
Correct me if I'm wrong, but weather is probably more important to ABTX then commodity prices. Will the weather permit those who want to plant to do so?



To: InvestorLady who wrote (4476)8/25/1998 2:45:00 AM
From: charger  Read Replies (1) | Respond to of 8359
 
No, but I believe alfalfa competes with wheat as feed protein. You have two forces at work here...
1) Farmers grow alfalfa to feed cows, pigs, whatever. If nobody wants their cows anymore, they cut back on production, and don't consume as much alfalfa.
2) When other yummier grains get so cheap that they're practically giving them away, farmers substitute the yummier grains for alfalfa.
3) I'm probably wrong on both counts, but it sounds good to me and if you told a city boy on Wall Street this scenario, he'd probably believe it and dump said producer of alfalfa.

Now turf is another story!
1) During depressions, Japanese businessmen can't afford to play golf anymore...

Sorry to be such a smartass, but I loaded the boat today and am asking myself why the hell I did...you are all doomed! Cheers



To: InvestorLady who wrote (4476)8/25/1998 2:55:00 PM
From: John S. Baker  Read Replies (2) | Respond to of 8359
 
True ... but it is perceptions and not the truth which drives stock prices. It would be interesting to do a correlation ("beta") between ABTX and some agricultural commodity prices or futures, as suggested.


Anybody know where I can get a download of historical prices for a suitable ag commodity?


Thanks in advance.


JSb.