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

To: vestor who wrote (7250)	1/26/1999 3:31:00 PM
From: Vegas Kate	Read Replies (3) \| Respond to of 8359

Bet we get fresh instead of stale cookies at the shareholder meeting. Maybe they'll serve crow with a grass sprout garnish on the side. Man, this whole thing could turn into quite a food fight, eh? Alfalfa sprout smoothies splattered all over the room...not a pretty sight. The only thing I did "right" was selling my husband's IRA ABTX shares at 15 3/4 (bought them back yesterday at 8 3/4...oops). Our core position isn't in the green any more, despite the fact that some of it was purchased years ago. Some of it was at ~15 in recent months. Good companies make major strategical errors and go down the tubes all the time. Either the tide has turned for the worse and this is the beginning of a long painful period for ABT, or the management will be able to argue it's way out of this, regain trust, and proceed with the big game plan before the end of 1999. My gut is telling me that the former scenario is probably the case. Our time frame expectations have been derailed in a big way, and we need to know beyond a shadow of a doubt that this company is still worth the wait. There's something screwy when a grass seed company has all the volatility and unpredictability of an internut. Management blames the screwiness on Wall Street traders, and the investors want to blame it on management. The truth probably lies somewhere in the middle. Although JT's strategy failed, I'd hate to see the stock price if he was out of the picture completely. Nobody is a flawless leader. Granted this was a huge strategical error, but I don't think JT's intentions were dishonest or deliberately manipulative. Now it's hard to resist the urge to sell some 7 1/2 puts until the dust has settled a bit more, and until the BOP on Telechart2000 is no longer blood red. The insiders need to belly up to the bar and buy big blocks of this stock...show us the money, and we'll recoup and regroup a lot faster! If they won't come to their own fire sale, why should we?