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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 (66)	3/5/1998 5:13:00 PM
From: Jeffrey L. Henken	Respond to of 2887

Dave you should know better by now than to think I would be the kind of guy who posts his expectations for any individual stock. I don't like the added pressure of trying to predict how high a stock is headed. So.......... Pick a number between 1 and 10 Your guess is as good as mine! Now for your other question is this a better investment than OZON? Might be at this level. How many times have I posted over at the OZON thread that it was a great buy below 2? Didn't I post that I thought it would hit three this week? Well it made 2 5/8's and then fell back. So all I said was don't sell. I mean I feel like I lost some credibility points when it did not make 3. OZON will run on any significant contract announcement. Gary Bratcher was hired as CEO of OZON for one reason. He has terrific contacts in the food business! That first significant contract cannot be far away. So is ABMI a great buy at these levels? Let me go pull a tooth and I'll be back to give you my opinion. Regards, Jeff

To: Dave Dalry who wrote (66)	3/5/1998 5:47:00 PM
From: Jeffrey L. Henken	Respond to of 2887

Alright so we established the fact that I am not going to pretend to have an informed projection of where this stock is headed in the next two weeks. You know Dave there are all kinds of investors. Some are true long term holders. Some hold longer than they would like to because they are afraid of taking a loss. Some move in and out of stocks and qualify as traders. Some move so quickly you could call them day traders. I am more of a long term holder but I get trader rates at Fidelity because I do move out of a stock based on bad fundamentals or poor TA. So you want me to compare OZON and ABMI on a buy or sell basis. OZON is a buy below 2 still. I don't think it will slip below 2 again before we get news or it would never have hit 2 5/8's in the first place. Just my opinion now but I will tell you I was very close to picking up some shares of OZON today to trade into any announcement that might be coming. As for ABMI you bet it's a buy but I can only tell you that I feel the risk to reward ratio here is still outstanding. I am going to take a little break and post on today's trading and will add a little extra insight. Regards, Jeff