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Biotech / Medical : American BioMed (ABMI) a strong buy recommendation of $5-6
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To: robert cartelli who wrote (2)6/13/1996 7:50:00 PM
From: Bob Lee   of 463
 
Hi Robert

Here's some additional info on them

For those of us that like to study the investors packet, the public relations firm is Thomas E Waits & Associates phone # 1 407 324-1606.

Also,
The following ABMI company data was compiled from BMI, MarketScope, and Telescan,,,just thought serious investors or traders may be interested in a quick review of the numbers.....

Shares Outstanding 8.36 mil shares
Float 4.8 mil shares
Market Cap $9.934 mil
Short Interest None
Institutional Owned .1%
Insider Held 42.6%
Avg Daily Vol < 10,000
52 week high 12.25
52 week low 1.06

Also, I spoke to Brendon Gebben, the analyst assigned by Strategic Advisory Inc. to research the company. These are the people that announced that they have initiated coverage on American BioMed Inc. (OTC BB: ABMI), of The Woodlands, Texas. Brendon indicated that he is preparing a "glossy 8-10 page research report" on ABMI that will come out next week. His EMAIL address is PBGEBBEN @ ADVISE.WIN.NET.

This was sent by Brenden...his e-mail address is above

<<<<<<<<<Just wanted to drop you a note. I was going to be on the Ed Taxin financial radio show talking about ABMI on this coming wednesday
and thursday. Wednesday was going to be in the Seattle area on
1150 am at 5:00 EASTERN time, Thursday was going to be in the
Washington DC area at 3:20 EASTERN time on 1150 am (coincidence
its the same frequency on the dial). Do not know what he is going
to ask yet but it should be interesting.

Thanks,

Brenden>>>>>>>>>

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