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


To: Ray Tarke who wrote (670)5/4/1998 10:01:00 PM
From: Aishwarya  Read Replies (2) | Respond to of 2887
 
Ray, i think you may be very close to being right very soon. All volume indicators and TA which Jeff has brought to this thread lately is incredible. The dish is ready and Doc's lexus should be ready soon.
Lets look at the major competitors of ABMI in the field although there are many more insignificant ones.

Company

3M / Medical Device Division
Cannulae
Catheters

Abbott Laboratories / Hospital
Products Division
Catheters
Medical/surgical tubing

Advanced Cardiovascular Systems,Inc.
Coronary angioplasty balloon catheters

Allegiance Corporation
Tubing

Arrow International, Inc.
Critical care catheterization products

Ballard Medical Products
Respiratory catheters - Trach-Care(tm)
Cardiac Assist Products

Catheters - Bard(R)
RediGuard(R) - Bard(R)
TaperSeal(R)

Baxter Healthcare Corp. / CardioVascular Group Catheters
Vascular catheters

Baxter Healthcare Corp. / IV Systems Division
Syringe and fusion pump tubing
Becton Dickinson Vascular Access
Venous access catheters

Boston Scientific Corp.
Catheters - INTEGTRA(tm) PTCA
Over-the-wire catheters - MICROSS(tm)

Braintree Scientific, Inc.
Medical tubing

C.R. Bard, Inc.
Medical catheter research and development

C.R. Bard, Inc. / Bard Urological Division
Catheters

C.R. Bard, Inc. / USCI Division
Angioplasty equipment
Catheters

Catheter Imaging Systems
Visually guided catheters

Circon Corp. / Cabot Division
Stents

Cook Vascular Corp.
Catheters

Cordis Corp.
Catheter sheath introducers
Diagnostic and interventional radiological catheters and accessories Diagnostic angiographic catheters PTCA guiding catheter,Stents

Cordis Webster, Inc.
Electrophysiology catheters

Guidant Corp
Stents and Angiplasty equipment

AVEI (Arterior vascular Eng.)
Catheters & Stents.

Schneider ( Div. Of Pfizer)
Development of stents

Eli Lily
Development of stent and interest in this area.

Now all these are overvalued to see a good buy . At the same time none are in the OEM's currently. In USA there are over 44,000 companies engaged in this business and ABMI is in the top 4000. There are over 36,000 Cathlabs across the nation and ABMI Cathlab is in the top 2000.
This is a good rating and it will be better when more Q&A happens as a result of the OEM's. They are on a warpath to get in to profitable OEM's so they have an exponential growth and are very aware of the competition that exists in the industry. Like Jeff said earlier if the Latex awareness gets stronger ABMI will fly. For now i am happy with the awesome trading going on. Hope for a $1 level this week.

Go ABMI,
Regards,

Sri.