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


To: W Shakespeare who wrote (7512)2/14/1999 6:41:00 PM
From: LTK007  Respond to of 8359
 
WS wrote<<The only way to break the laws of
Malthusian economics is through technology. Monsanto holds all the bargaining chips.
Likewise, ABTX holds the bargaining chips in its sector. Both ABTX and Monsanto
will be swallowed by larger fish in the next few years. >> An excellent looongterm argument WS--Max



To: W Shakespeare who wrote (7512)2/14/1999 6:44:00 PM
From: David L. Carter  Read Replies (1) | Respond to of 8359
 
IMO the biggest problems could still lie ahead. My guess is that there is a lot of internal tension. Many who were sold on JT's vision have seen it crumble before there eyes. The internal strife compounded by defending the many lawsuits that confront ABTX at this time will reek havoc. Depositions, document requests, etc. etc. combined with the integration of the new businesses will be a tough road. Then there is the cash squeeze and the potential dilution problem, yow!

My thought was that JT might have punted and tried to get any offer, $15, anything above $10 that would give him some cash and get strong to save his stock from a margin call. Well it is too late now and I think that JT is a very stubborn man with something to prove. He will get to work and try to sustain and integrate the company. The only problem is, little cash?

Good luck everyone.



To: W Shakespeare who wrote (7512)2/14/1999 9:22:00 PM
From: John S. Baker  Respond to of 8359
 
"Buy when the short-term outlook is most bleak. IMHO, we have reached that point."

FWIW, my reading of the chicken entrails suggests the same thing. I am poised to buy back my Apr 10 calls ... part of my trading stash ... and then to perhaps buy some calls ... just not sure where to position them yet, nor how far out.

JSb.