Replies to post #101 on Monument Circle Acquisition Corp (MON)

[Democritus_of_Abdera]

Correction: Foreshadows of a disappointing Q2..

I was off by one quarter in my previous msg.. Carl's comments referred to the upcoming quarter which is Q2, not Q3 as I had erroneously recorded in the first msg.

[DewDiligence]

My biggest concern with MON’s 25-Feb-2010 presentation is not the revenue shifting from 2Q10 to 3Q10, which is inconsequential in the overall scheme of things. Rather, my concern is the arithmetic in slide #13, which purports to show how RR2Y soybeans will be a better deal for farmers than legacy RR even after legacy RR goes off-patent in the US in 2014 (#msg-45533175).

http://www.monsanto.com/pdf/investors/2010/02_25_10.pdf

My problem with slide #13 is the $28/acre figure (shown in the slide as “~2.8” units per acre), which is a projection based on future yield improvements rather than a hard number. Without this $28/acre contribution, legacy RR would have an $8/acre advantage for farmers vs RR2Y instead of a $20/acre deficit.