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

To: Patrese who wrote (7199)	1/25/1999 1:07:00 PM
From: BuzzVA	Read Replies (1) \| Respond to of 8359

JT: "...comfortable where ABT is at this time..." JT: emphasized they have suspended FORMAL process to find stratgic partner... Q&A Question (Tim Rainey, DB): "What will be your [JT] focus going forward?" IOW, shut up and do your job. :~( JT: "I will have more time now that they're in informal process to get involved in the integration...1250 employees were the ones working the day-to-day integration...investment community maybe misunderstood complexity of when and how a deal would be done..." JT: "Acquisition of intellectual property and integration of current cos. is focus now." Tim Rainey didn't seem satisfied. (my opinion) Question (Chad, from some fund, WI fund?): "Support management and stock price will take care of itself." Question (Piper Jaffray): "Is $5-15 MM restructuring still on track for '99?" Answer (Randy, ABT): "Yes. Will be at or exceed upper end of the range." Q (Piper Jaff.): "Will investment fees up til now be included in restructuring charges?" A: "Maybe, but insignificant anyway." Question (Guilford sec.): "Will there be an operating earnings improvement yr-over-yr?" Answer (Randy): "EBITDA is metric to look at. On EBITDA basis, I expect to make forward process over last year."