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

To: UDanWright who wrote (7454)	2/9/1999 1:39:00 PM
From: Osothebear_517	Respond to of 8359

The annual meeting is Feb. 21 @ the Henderson convention Center, Henderson NV. I would think that the Company should engage that guy who introduces fights to open the meeting by saying "Let's get ready to ruuuumble". I booked my trip planning on a four day celebration, now it feels like I'm going to a funeral. OSO

To: UDanWright who wrote (7454)	2/9/1999 1:42:00 PM
From: John Goodman	Read Replies (2) \| Respond to of 8359

UDanWright: IMHO, drakes and his crew were not so correct about the company as they were about how JT would react to pressure. If you recall, the company was sailing along with few problems until heavy shorting occurred. Now, the company had not changed, only perceptions of something being dreadfully wrong were being voice through negative posts. The shorting in and of itself was not the real problem. It was JT's reaction to it that became the basis of everything we now suffer. But here is where the mastery of negative input was so effective. It was like someone whispering in your ear and it instantly becomes fact. These negative perceptions fueled by JT's own key blunders created the opportunities for shorts to make their case. Shorts took a position and then baited JT. JT did the rest of the work for them. Each miscue became a published event of major proportion. Any good news was downgraded as hype. Drakes353 said as much in earlier posts. If I give drakes credit for anything, it would be for his openness to say in this public forum just how he planned on screwing the company and we longs along with it. Drakes was not bashful about this. Any publicly traded company (or any company for that matter) should carry fiduciary insurance. It will lessen the financial blow for any successful lawsuits but it won't protect against further management mistakes. This probably won't be popular to say but I still see a profitable company here. As far as earnings go, did you really think they would show positive earning this soon? Did you look for positive earnings in this quarter even when times were better? If you bought ABT for the buy-in/buy-out, you got hosed. Sorry, but that can be the price of short term investing. A market timer I am not. I will look closely at how ABT executes the original business plan. If nothing substantial alters this, I am happy to wait it out. It takes time to consolidate. Who can debate that? Has ABT really had time to accomplish consolidation? Until then, I can only fault external handling of the company. As far as internal operations go, I see a company trying to follow a sound plan to consolidate. John