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

To: Jeffrey L. Henken who wrote (310)	3/26/1998 12:11:00 AM
From: Larry E Smith	Respond to of 2887

But remember, ABMI is not an IBM. Penneys always have a large % spread due to the low price involved. At .31 the 10% spread was there all the time. At .23 cents the 10% was 2.3 cents. Today the spread was at 10% at .07 cents. While the price was at $2 a share 1 1/2 years ago when I first bought ABMI the spread was only .03 or .04 or even .06 cents which was a smaller % spread. More like 3% or less, maybe 4% As we get higher in price the spread % will go down. I remember a spread of bid 1 31/32nds ask 2