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


To: Probart who wrote (7432)2/8/1999 12:22:00 PM
From: caledonia  Read Replies (2) | Respond to of 8359
 
Ditto... I have a lot of faith in this company and, like you, find it hard to believe that ABTX is being valued at levels not seen in a couple of years. I firmly believe that the big overhang is the plethora of law firms suing ABTX. How ABTX handles them will be the key to the recovery. It looks like the weather patterns around the country point to a warmer than normal spring and should help ABTX as farmers, golf courses, etc., get a jump on their plans. This is a $500 million company that is a leader in its respective industry. They have hired top notch individuals over the past few years and are now hunkering down to consolidate their house. I have a friend in the seed business and ABTX is the "talk" of the industry. Management may have stubbed its toe, but it certainly isn't life threatening. I plan on being an aggressive buyer after the earnings report is released, assuming there are no short term surprises. Good Luck.