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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (3933)	10/10/1998 3:03:00 PM
From: LTK007	Read Replies (1) \| Respond to of 18998

Barbara I generally agree,shorting is a necessary part of the checks and balances of what must be an emotionless,amoral market system---I just wish that people who choose to short ABTX do so without making the charge that they are merely a seed distributor and thus a fraud--Dr.Thomas named this company AgriBioTech when it WAS ONLY an idea in his head---3 years ago they had a grand total of 4million revenue---they are now a near 500million revenue and in the past year have major advances in BioTech allignments--and have increased quite significantly there in house R&D---there deals with the likes of Mycogen are exclusive and AgriBioTech provides the germplasm and all the field testing(field testing be an essential part of BioTech research)----I just ask people who short this stock do so on the basis that they are betting they will not succeed in the rough and tumble capitalist world---and avoid inaccurate charges of fraud etc. Auric Goldfinger,who himself made a major killing shorting ABTX at 28&1/2,has stated that he has met Dr.Johnny Thomas,and considers him to be an honest and good man---he shorted ABTX because he believed the price of the stock had gotten way ahead of itself--and balance sheet analysis----good Luck.Max90