SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Fisher who wrote (1424)7/9/1998 12:30:00 PM
From: Jeffrey L. Henken  Read Replies (2) of 2887
 
Today AVEI acquired Bard's coronary catheter business. On the surface this might look like something very bad for ABMI shareholders who have been hoping AVEI might acquire ABMI. Please read the news release carefully and then reread the ABMI profile prepared by Coffin Communications:

biz.yahoo.com

Bard's line and American BioMed's product line have very little, if any overlap. ABMI is still very much a likely buyout candidate for any number of the larger companies in the minimally invasive surgical area, including AVEI.

Remember AVEI also bought World Medical back in April. That deal was not a cash transaction but a stock swap transaction:

biz.yahoo.com

AVEI is still free to make these kinds of deals with smaller companies like ABMI if they choose to do so. I think it is more than just a possibility that we will see ABMI either bought out or form one or more strategic partnerships with another company in this field in 1998.

Please take the time to pick up the phone and call someone at American BioMed. Even phoning AVEI like I have done is educational and it will make you feel a lot better about holding your ABMI shares.

Remember neither JNJ or AVEI has an atherectomy device. They don't have a complete line of 100% silicone catheters for peripheral indications. They don't have the MicroFilter Guidewire or the 27 patents protecting ABMI's technology like the OmniStent.

If you have not read these posts yet you should because American BioMed is a much better company today than the stock price reflects:

American BioMed due diligence:

Message 5111992

American BioMed Company Profile:

Message 5134341

Please take the time to call either Steve Rash, CEO of American BioMed or Christi Mottola at Coffin Communications. The stock will be headed up again soon and buy days like this one will be only a memory. There are lots of good things happening in this field. Many stocks are doing well. ABMI will see it's day in the sun too.

American BioMed Inc.
Steven B. Rash, 281/367-3895

Coffin/Mottola Communications
Christi Mottola, 714/851-1109

As I said even talking to Diane Lefebrve at AVEI was quite informative. I still really like that company even if they never acquire or form a strategic partnership with ABMI:

(707) 525-0111

Regards, Jeff

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext