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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

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To: Jeffrey L. Henken who wrote ()3/2/1998 10:45:00 AM
From: Jeffrey L. Henken  Read Replies (2) of 2887
 
YEARLY LOWS AT YAHOO ARE WRONG!

ABMI a little stock in the minimally invasive medical technology field with what I believe to be a big future.

I have been doing my due diligence on this stock for about a week and now I would like to share that information with those of you who are interested in checking out a great little company with a potentially fantastic future.

ABMI the stock has been in something of a tailspin but we can expect that to change soon. Before I go into the reasons why let me give you some accurate information on the stock trading.

The stock has traded no lower than .23 in the last year. Anyone who looks at Yahoo will find inaccurate information suggesting a much lower yearly low. Many of the investors are longtime holders from a previous management team. Some who bought much higher than the 34 cents that the stock trades at now are naturally disappointed and jaded about the company's future. That is certainly understandable.

The point is the stock is not that far off yearly lows despite a number of truly positive events. A perfect situation for those of you interested in a little bottom fishing based on some real knowledge of a company's potential.

Regards, Jeff
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