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


To: Skeeter Bug who wrote (413)4/1/1998 8:17:00 PM
From: Aishwarya  Respond to of 2887
 
yes Skeeter !!!! You are 100% that they will use ABMI as a vendor and
the line of business is going to be entirely different and i look at it as an aspect of further diversification of ABMI.

Delay in revenues and earnings, and thus, a delay in stock price appreciation. After watching the pattern of activities from ABMI so far, my personal opinion is such a delay would be no more than 6 months. ABMI has a diversified product line and is not a one-trick pony dependent on a single product/product line for success.

stock appreciation takes a little longer and there is a buyer for every seller that exists and that is how a stock price stays in limits and a control on the price is established. What we need is contant progress reports so more confidence is built in to the investors who have been holding long for a while. While these old perceptions like "ABMI is DOG" gets erased gradually this stock will really rise like Phoenix. I for one hold those certs long term till each fetches at least $2. It will be fun to watch all the investments the company made throughout 1997 pay off in a big way.

Good luck to all and GO ABMI!!!

regards,

Sri.