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

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To: Bill Rogers who wrote (2137)11/12/1998 7:05:00 PM
From: Meisterama  Read Replies (2) of 2887
 
I, too, have worked in distribution and marketing, specifically in the medical field. And my experience has been that products do not "fly off the shelves," at least when surgical and other less invasive cardiac equipment is involved. And particularly when SOMEONE has to educate the end users and buying decision-makers about the advantages of innovative new products.

ABMI hasn't had the resources to prime the pump at the demand end through marketing and education, they do not yet have pricing power, they do not have broad industry recognition, and they do not yet have a broad bundle of products to present to distributors. These are REAL weaknesses, but they have nothing to do with the quality of the products and their ultimate potential. That's why people are more and more speculating that ABMI may be just sold off to a larger company that can more quickly DO something with those fine products.

I am not sure that will be the case, myself, although I would surely expect at least a deal or two to unload certain "non-core" (i.e. stent) technologies in exchange for enough cash or other assistance to get the core products selling.
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