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Latest earning transcript....

http://seekingalpha.com/article/59082-landec-f2q08-qtr-end-11-25-07-earnings-call-transcript

Looks like pretty good earnings...they are investing more in research to move beyond just food related licensing...Like the expanded foray into avocados with Chiquita...but Chiquita seems to be slow in testing due to their own restructuring....the one thing I don't like about this company is its reliance on other companies to test its new applications. It takes a lot of time and there are many delays....

LNDC seems focused on making some acquisitions this calendar year. They are ramping up their M&A activities and looking for opportunities where they control their own destiny and their product can be applied day one in commercialization.

From listening to Gary Steele, he seems to be focused on the long term management of this company and creating value through partnerships (where there might be high op expenses) and organic growth.
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