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To: Ga Bard who wrote ()	5/1/1998 11:14:00 PM
From: Ga Bard	Read Replies (1) of 9440

ABMI ... Subject 19556 ... Website americanbiomed.com ... IN A NUTSHELL: They make heart catheters and non-invasive medical supplies. The unfair advantage is that their products are made out of alternate materials and serve as a good replacement for latex, which has caused sever reactions in some patients and healthcare professionals. ABMI is a development stage company engaged in the development, manufacture and marketing of medical devices. ABMI's primary technology is directed at interventional cardiology, endovascular surgery and minimally invasive surgical devices. For the nine months ended 9/97, net sales fell 14% to $361 thousand. Net loss applicable to Common fell 25% to $1.8 million. Results reflect the ineffectiveness of the sales team, offset by productivity improvements and lower borrowings. Might take a look at this one. Nice slow buying today. GB

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