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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)
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To: Commgod who wrote (1120)6/9/1998 12:01:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 2887
 
AVEI stock trading has been halted this morning. In a previously released story in the Wall Street Journal Arterial Vascular Engineering has already said they are looking at as many as 10 to 12 companies as possible acquisition targets. Will American BioMed be one of those companies or is this just a head fake before AVEI buys Schneider? I'm watching this story carefully. If AVEI does buy Schneider does that mean they will no longer have enough cash available for further purchases? Only time will tell. I pirated a post of the AVEI thread over at Yahoo. Perhaps it is BSX who is buying Schneider and AVEI has another announcement today? Who knows but these kinds of acquisition talks only point out what I have been saying all along. ABMI could very likely be acquired. Anyway here is that post:

messages.yahoo.com@m2.yahoo.com

Relatively large activity to upside just prior to halt. News:
DN 10:52 [AVEI,PFE] ARTERIAL VASCULAR DECLINES COMMENT ON PFIZER'S SCHNEIDER

DN 10:51 [AVEI] ARTERIAL VASCULAR SAYS EXPLORING 10-12 ACQUISITIONS

DN 06/08 [AVEI,BSX,PFE] BOSTON SCIENTIFIC MAY BE NEAR DEAL TO BUY PFIZER'S SCHNEIDER UNIT

DN 06/08 [AVEI,BSX,PFE] TALK MOUNTS OF BOSTON SCIENTIFIC BUYING PFIZER'S SCHNEIDER UNIT

BSX still trading with last trade down $1 9/16 and falling.

Regards, Jeff
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