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

To: sean o'connor who wrote (7943)	5/5/1999 11:49:00 PM
From: drakes353	Respond to of 8359

Sean: was attracted to NETP when you mentioned it. I thought it was the most interesting IPO of it's week. I just looked at the chart/price in re your post and I can only hope you put your $$$ where your mouth was. Yes, I was lucky enough to load up on NETP at $20 1/2. Message 9333439 That said, with the current price levels and cash flow of this company, Cash flow? You have some advance numbers or something? I'm waiting like everyone else to see what they look like. Will have to put up some monster numbers to pay off those converts. Not sure they will be able to do it. the fact that the guvmint is not going to allow a company providing 50% of the farmers(alfalfa) seeds to go belly up, The ol' too big to fail thing? Not to worry, plenty of companies would be willing to pick up ABTX's assets out of "11". Don't think we'll get there though. Figure they will just flounder around...for a long, long time. Tough business. don't you think that this is not the richest shorting ground around? Richest, no. But it remains a very safe short with the buyout chances near zero. Should be plenty of opportunities to make money on the short side of this stock over the balance of the year. I'll be floored if ABTX closes out '99 above $5 a share. drakes353