ABMC (American Bio Medica) Up 58% today Message Board

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Microcap & Penny Stocks : ABMC (American Bio Medica) Up 58% today

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To: tao sun who wrote (20)	7/15/1996 11:50:00 PM
From: Linda Brandt	of 43

Tao: ABMC announced today that it has received its first order from Bally's Total Fitness for 2,500 of ABMC's proprietary Rapid Drug Screen kits. Operating more than 300 fitness centers across the country, Bally's Total Fitness represents potential annual orders of 20,000 kits. "ABMC's Rapid Drug Screen will give Bally's both greather flexibliity and significant cost savings in our drug testing program," said Bally's Vice Pres. of Administration and Human Resources, Harold Morgan. ABMC Pres, Stan Cipkowski, stated, "we are very happy to supply Bally's Total Fitness with our RDS kit. The prospect of continued relationship with such a large organization is exciting and it is expecially rewarding to be working with a company whose busines is the promotion of health and fitness." The rest just restates the company and what it does like on all its post. I bought and sold , not making much but not loosing. I think also that the market might still pull down the price so I plan on following closely and then rebuying, perhaps the $4 level. Linda

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