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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Dalry who wrote (5)3/2/1998 5:30:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2887
 
Dave! Glad to see you here on the ground floor instead of somewhere too high like in another mutual investment.

I am really excited about ABMI especially since we are able to get in so cheap.

I know for long term investors today's price must look like hell. A bit like OZON even perhaps? But I really think this stock will be recognized soon for the very real progress that the company is making.

Did Brenda forward you a copy of my research?

What I really like is that in my conversations with Steve Rash I never detected one word that could be taken as hype.

During my due diligence I had the good fortune to speak with Steve Rash CEO of ABMI a couple of times. He is a real straight shooter folks! OEM agreements like that with Polamedco are going to definitely continue. A second order for more nasopharyngeal airway products has already been placed because of the impressive speed and quality by which American Biomed delivered the first order 10,500. This could mean as many as 300,000 units shipped this year! The best part is ABMI is running below projected production costs.

Higher profit margin!


Buckle up this could be a nice ride!

Regards, Jeff



To: Dave Dalry who wrote (5)3/2/1998 5:36:00 PM
From: advinfo  Read Replies (1) | Respond to of 2887
 
< This company has a bright future and that is based on fundamentals not hype. >

I wonder why ABMI has dropped since the ISO and FDA Approval?
Wouldn't you expect quite the opposite? Especially since the
stock is almost worthless. This stock has NEVER lived up to
the hype. The fundamentals are horrible, they stayed alive the
last few years by diluting the hell out of the stock. This is
not a new story or an undiscovered gem, the ABMI patents and
"fundamentals" are not commanding a market premium.

I would like to see press releases about ABMI selling truckloads
of their own equipment rather than sacrificing valuable manufacturing
capacity on lower margin OEM contracts.

I have followed ABMI since 1996 and hype is all I have seen(and losses).
That slick website has been around a looong time and there has
always been talk that they are looking for a suitor, but nobody's
buying.

Why is this "no-brainer" such a loser?

I wouldn't be surprised to see a shakeout(into the .20's)
before earnings.

Interesting closing trades today, it's a jungle out there...