AMERICAN BIOMED, Minimally Invasive Technology (ABMI) Message Board

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

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To: Jeffrey L. Henken who wrote (1180)	6/8/1998 9:58:00 AM
From: greg Benfield	Read Replies (1) of 2887

Okay, the slide hopefully will end today. ABMI should have a minor jump as soon as the bottom feeders come in. The volume has been very low as Jeff had stated. I think we should see a return to higher prices with any small jump in volume. I have not found any positive sign in the charts. I think our line of resistance might be .50 as Jeff stated. But, with the way this stock has been trading recently the only predictable thing about it is the downward direction it has been taking. If something is going to happen, such as buyout or major announcement, this might be a great time. The buyout which has been rumored for quite a few years seems to eb mentioned a lot more lately. I hope there is some basis in this rumor. Let us see what this week brings us.

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