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Technology Stocks : Newbridge Networks

NN 14.11

-0.4%

12:31 PM EST

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To: pat mudge who wrote (4097)	4/14/1998 11:14:00 PM
From: Jeffrey L. Henken	Read Replies (2) of 18016

Newbridge is an obvious double from this level(perhaps more) but the time frame is most certainly dependent on Newbridge doing something it has not done for years. Newbridge has got to not only increase revenues but they have to increase their profit margins. You know for all the great research we do here on threads like this with large cap companies like Newbridge it's virtually impossible for us to talk to a CEO like Terry Matthews. So when we read press interviews of contracts certain to be announced from newspaper articles printed in Canada it's easy to get excited. I did just that a few months ago and took TM at his word. Here we are 6 months later and I am still waiting. I am not saying these things will not happen. I bet they do but it's hard to sit idly by and watch your money stagnate. Anyone here ever try investing in penny stocks? Well my friends it is very possible to talk to a CEO of a struggling company and test his mettle. I have done just that several times in the last few months. I would like to share one of my current picks with any of you inclined to do a little due diligence. American BioMed is a small BB company in the minimally invasive surgery area. Today the stock closed at .70 on volume in excess of 600,000 shares. The stock is forming a new base and could be headed much higher soon. If you would like to take some time and study this company and the stock you can start with the thread I started last month when the stock was selling for .34. https://www.siliconinvestor.com/subject.aspx?subjectid=19556 Yesterday AVEI bought a similar company for $62 million. http://biz.yahoo.com/snp/980413/avei_med_m_1.html American BioMed has a much more diverse product line and is a definite take over candidate. Although I believe the company is worth much more than $62 million ABMI investors would receive over $3 a share if it went for the same price. Check out some of their products. http://www.AmericanBioMed.com/products/product.htm Bottom line is American BioMed is headed towards profitability on it's own by 1999. The stock remains highly undervalued in my opinion. If you have never tried a penny stock because you thought it was too risky I understand but this one might be different. Yes it is volatile but I like the story here folks. Check it out! Regards, Jeff

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