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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 (168)3/14/1998 7:15:00 PM
From: Dennis P  Respond to of 2887
 
If you want to see an example of a reporting error, check out:

chart4.bigcharts.com

That spike at .31 was way out of line. TMMI had another reporting error last week where a sell at .007 was listed as .07. All our brokerage accounts had us 1000's of dollars richer for exactly one day. Too bad they wouldn't let us keep the money.



To: Larry E Smith who wrote (168)3/14/1998 8:34:00 PM
From: Jeffrey L. Henken  Respond to of 2887
 
Lets talk about the OEM business. I know I have said this before but ISO 9001 certification could mean a heck of a lot of business for ABMI.

Sri has done a great job of explaining how difficult this status is to achieve. American BioMed is making every effort to get CE Mark approval ASAP too because it quite simply means a huge opportunity to make tremendous amounts of money.

Talking with Steve the other day I asked him if profit margins in the OEM business were as low as some people have complained about on the thread.

He said oh no they are actually quite high because you have no other associated cost. There is no R&D, no marketing or sales staff all you have to do is set up production and maintain quality standards.

I'm excited about the OEM market. It could mean big money for American BioMed.

Have a great weekend, Jeff