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

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To: Jeffrey L. Henken who wrote (638)5/2/1998 11:32:00 PM
From: Bron-y-aur  Read Replies (2) of 2887
 
jeff

followed you over here from newbridge thread. ambi looks very interesting. had a quick look at last earnings release and albeit the company is in the transition stage between r&d and commercialization, am wondering about working capital/financing. can you fill me in on where they are at as cash balance was low per mar 31 statement. in this context,do you know/have thoughts about whether the company's management plans to go it alone, or if they are/would be actively seeking a partner/buyout. any other current/going forward info appreciated including boutiques who may be recommending stock as a spec buy, research reports if any etc.

thanks

sam g
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