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

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To: Dave Dalry who wrote (5)3/2/1998 5:36:00 PM
From: advinfo  Read Replies (1) of 2887
 
< This company has a bright future and that is based on fundamentals not hype. >

I wonder why ABMI has dropped since the ISO and FDA Approval?
Wouldn't you expect quite the opposite? Especially since the
stock is almost worthless. This stock has NEVER lived up to
the hype. The fundamentals are horrible, they stayed alive the
last few years by diluting the hell out of the stock. This is
not a new story or an undiscovered gem, the ABMI patents and
"fundamentals" are not commanding a market premium.

I would like to see press releases about ABMI selling truckloads
of their own equipment rather than sacrificing valuable manufacturing
capacity on lower margin OEM contracts.

I have followed ABMI since 1996 and hype is all I have seen(and losses).
That slick website has been around a looong time and there has
always been talk that they are looking for a suitor, but nobody's
buying.

Why is this "no-brainer" such a loser?

I wouldn't be surprised to see a shakeout(into the .20's)
before earnings.

Interesting closing trades today, it's a jungle out there...





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