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


To: Bill Rogers who wrote (148)3/13/1998 12:44:00 PM
From: M.S.H  Read Replies (1) | Respond to of 2887
 
We owe some of this move to the very positive news about the stent market from Boston Scientific.



To: Bill Rogers who wrote (148)3/14/1998 8:58:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2887
 
Bill if you haven't taken a position in ABMI yet, Monday might be a good time to buy.

It's no secret that American BioMed is rounding out a world-class distribution network for it's products. I expect we will hear fairly soon about additional distributors being added.

Each distributor orders and pays for product stocking in advance. Some may order as much as $2 million worth of products. They then contact the hospitals in their region and make their own sales. The company's all Silicone Catheters have additional advantages beyond the latex allergy concerns. The one piece design eliminates glues, stitching and these balloon catheters never fragment if they break like latex or PVC might. Latex catheters are much more sensitive to breakdown from sunlight and temperature extremes.

Anyway to me it seems as though these distributors know a good thing when they see it. They are actively seeking products like those offered by American BioMed because they have so many advantages over older latex designs. It may take a while before orders reach a predictable level because these distributors will have to sell their products to hospitals who must work through their supplies of older catheters. So it's possible we will see some lumpy quarters.

Regards, Jeff