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

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To: Jeffrey L. Henken who wrote (471)4/14/1998 9:33:00 PM
From: Aishwarya  Read Replies (1) of 2887
 
Jeff,
Thanks a lot for your work in keeping the the thread fine tuned with the developments in this area in the past few days.

One interesting observation that you did not miss was the narrow line of products World medical manufacturing has to offer in return for the 64 mil dollars in return. Only about 5 products and i cannot verify if any are FDA approved. Now lets get back to ABMI:

They have over 25 patents 10 FDA approved products. More product ideas are also existing which are sitting on the shelf due to the pitfall in R&D like Defibrillators etc. Now a company that would look at ABMI as a prospective candidate will have to peruse through a lot more research and a lot more products to evaluate. By default if $3 is a figure paid per share it still adds up to less than 60 mil. The company is worth a lot more than that. That is why it is a severely undervalued company and if a few more OEM deals come our way this company will be on a rocket trajectory and all who got in below the .99 price a few days ago will reap huge rewards.

Here check the website for world medical manufacturing for yourselves

medicom.com

Now compare the extensive line of products ABMI has developed

americanbiomed.com

I think we are in the right place at the right time. The trend will change when others see the facts and buy based on potential. the risk factor is a lot lower even though it is a BB stock. AVEI is at 37 with a possibility of doubling within a year. But there is a lot of downside to it in the sense to compete with JNJ and other well managed companies like Boston Scientific they will have to be on a warpath for acquiring other companies and stay ahead of the competition.

Just thoughts,

Sri.
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