ABMI - New Era? Good News .. Lets Start Fresh. Message Board

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Biotech / Medical : ABMI - New Era? Good News .. Lets Start Fresh.

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To: Meisterama who wrote (41)	3/9/1998 11:40:00 AM
From: Bill Fortune III	Read Replies (1) of 48

I agree with you that a strong net income is a ways off. ABMI could use a good infusion of net income. But the real test is a steady and growing net income over the long term. That takes time. As to any strategy about buying for my position, I originally bought in at 1.20 and as low as .22 and several times in between. For now I will wait until I see some financial reports before adding any more to my position. I really believe that ABMI is a long hold that will pay dividends for those who stick with it. That doesn't mean that I know anything more than anyone else, just a gut feeling based on what they do. There are going to be a lot of people who will trade (traders) this stock causing it to swing wildly on some days, up or down. I feel that there are only three possible scenarios for ABMI, a) It becomes a very successful and profitable company - and so go the shareholders. b) They are brought out - and the shareholders gain something. c) They go under - and we can write it off on our taxes. Thus I have a 2/3 chance of realizing a gain. Bill Fortune

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