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Biotech / Medical : ABAX --- lots of upside -- Ignore unavailable to you. Want to Upgrade?

To: burner who wrote (440)	5/18/1998 6:02:00 PM
From: David Bogdanoff	Read Replies (1) \| Respond to of 492

Dan; Thanks for great post. BTW, the previous management apparently did quite a bit of hyping which may account why the stock is so much off its all time highs, and why investors are acting gun shy (i.e. not giving much importance to good news). The current management is certainly not given to hype. David

To: burner who wrote (440)	5/20/1998 12:09:00 AM
From: PACKRATCAT	Read Replies (2) \| Respond to of 492

Hello Dan, Thank you kindly for the time and effort you expended seeking additional ABAX information for us. You did a fine job and I appreciate your results. I was surprise that the new automated line will not be up and running for another six to nine months. It has been discussed for such a long time. Seems they started paying for it more than a year ago and it should be paid for about now. I am not sure I understand your comment.>>> "Rotor Bases: The first cavity mold for the rotor bases has been fulfilled capacity demand for the last 3 years. It runs 7 days/wk and 24 hrs a day (I believe). A 2nd mold is now running and will fulfill demand in 3 months! " <<< There has been talk that the rotor disk production was a limiting factor (i.e., don't push sales because we can barely keep up with current demand). Does your statement mean that this problem has been eliminated because of an increased capacity from a new "cavity mold"? Do I recall correctly that the Navy has a time frame that forces additional sales, if any, to take place by some future date? It would be lovely to have additional units purchased. I am happy anytime a CEO (Clint Severson) purchases additional stock. Insider sales often don't mean much to me but insider purchases do. With the stock so cheap, I am surprised others have not joined in. I have always thought it strange that other companies have not showed interest in the ORBOS technology. Seems as if there should be other uses. When Michael Murphy first wrote about ABAX that was part of the profit package he laid out. I should go back and reread the ABAX information from the CTSL information. BTW, I gave up on his newsletter more than a year ago and have been happier ever since. Matthew Melcon, Durham, California