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


To: Osothebear_517 who wrote (6960)1/12/1999 10:13:00 PM
From: Karl Drobnic  Respond to of 8359
 
An issue overlooked by the shorts and naysayers is the shrinkage of the agricultural gene pool brought about by mechanized agribusiness. In demanding uniform crops with various "market-friendly" qualities, variety in crops has shrunk. A hundred years ago, the US Govt. started seed banks. These are refrigerated vaults around the country. Many of the seed varieties have lain dormant so long that they will no longer generate, a consequence of the push towards "uniform" crops. ABTX, by cobbling together a wide variety of geographies and climates in what has traditionally been a local form of agriculture, has value as a repository of seed varieties. Variety is necessary. As crops become massively uniform, they are massively attacked by pests and diseases that mutate quickly to adapt to the crop. A huge seed bank is necessary to search for traits that can stay a step ahead of the always mutating pests. If the seed banks shrink, and they have, the traits needed at the genetic level are unavailable, and the bugs win. So an alternative to the deteriorating govt. seed banks is needed to stay ahead. For grass seed, ABTX is clearly an alternative. Whomever has control of large genetic trait repositories is going to a 21st Century winner in agriculture. ABTX is positioning itself as a private repository, a value that goes way beyond current sales and distribution channels.