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Biotech / Medical : ABMD - Replacement Heart System
ABMD 381.020.0%Jan 3 4:00 PM EST

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To: Lynn who wrote (21)8/24/2000 9:35:06 PM
From: High-Tech East   of 147
 
<<P.S. Do you think the recent price action has been related to this split announcement?>>

Lynn, no. The price action is caused by a very small number of shares outstanding and a small float. This stock makes big moves on little volume. However, when it's more than 200,000 per day, it gets 'white' hot.

I believe the coming split is all about trying to decrease volatility before the big day (the first clinical trial). I may be wrong, but I would expect ABMD to perhaps triple or quadruple in a two or three day period (at some point this year).

I think this will be very big news all over the world.

(That's what I said about SUNW when I started buying it in May, 1997).

Ken
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