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Biotech / Medical : ABMI - New Era? Good News .. Lets Start Fresh. -- Ignore unavailable to you. Want to Upgrade?


To: Meisterama who wrote (41)3/8/1998 7:06:00 PM
From: advinfo  Respond to of 48
 
< a few impatient folks who are expecting positive net income (I think it's still a ways off, although it will happen.) >

Mister Sun,

I'm not one of the folks expecting positive EPS for the last Q,
but I do expect to a see significant improvement in the top line.
Positive EPS at this stage of the game would be a home run!!!

I'm going to contact IR again to see if they have set a firm
date for judgement day. I'll post the date when they pass it
to me.

Good Luck,
NorthStar






To: Meisterama who wrote (41)3/9/1998 11:40:00 AM
From: Bill Fortune III  Read Replies (1) | Respond to of 48
 
I agree with you that a strong net income is a ways off. ABMI could use a good infusion of net income. But the real test is a steady and growing net income over the long term. That takes time. As to any strategy about buying for my position, I originally bought in at 1.20 and as low as .22 and several times in between. For now I will wait until I see some financial reports before adding any more to my position. I really believe that ABMI is a long hold that will pay dividends for those who stick with it. That doesn't mean that I know anything more than anyone else, just a gut feeling based on what they do.

There are going to be a lot of people who will trade (traders) this stock causing it to swing wildly on some days, up or down. I feel that there are only three possible scenarios for ABMI, a) It becomes a very successful and profitable company - and so go the shareholders. b) They are brought out - and the shareholders gain something. c) They go under - and we can write it off on our taxes. Thus I have a 2/3 chance of realizing a gain.

Bill Fortune