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

To: Larry E Smith who wrote (135)	3/11/1998 9:33:00 PM
From: Y2k_fan	Respond to of 2887

Could anyone compare ABMI to AVEI? It seems to me that they are doing something similar. AVEI closed at $44 1/16 today. And has a market cap of 2.5B! If ABMI have 1/10 of the potential, it could be a steal!

To: Larry E Smith who wrote (135)	3/12/1998 1:04:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 2887

Don't expect quarterly earnings for ABMI until the end of the month. I don't think they will be spectacular by any means but they will show progress year over year. As far as an actual profit I would say it's going to be a while yet. I think that American BioMed has got some truly outstanding technology in the pipeline. It takes a lot of R&D dollars to develop that potential. ABMI will do just that by either arranging for further financing or finally signing a strategic partner. They may do both. But no matter what American BioMed will certainly benefit from ISO 9001 and C E Mark approval later this year. OEM sales will never be a terrifically high margin business but American BioMed would not be manufacturing for other companies if they lost money doing it. Many of us call ourselves long term investors. As the days slide by and become months I hope we all stick with this one. It has tremendous potential. Home run potential and with just a little luck we'll hit one out of the park. Will it be in the first inning or the bottom of the 9th? Stick around it's going to be a great game. Oh one more thing for Bruce. Lobster or crab? Too rich for me... Or will I be too rich for them? Hmmmmmmm... I promise not to break the bank! I'm not that big an eater. Regards, Jeff