To: samcat9 who wrote (1449 ) 7/13/1998 10:13:00 PM From: Ray Tarke Respond to of 2887
ABMI developmental efforts I see some great products in Pipeline! ABMI research and development efforts in interventional cardiology are aimed at increasing the convenience, ease and speed for use of percutaneous transluminal coronary angioplasty ("PTCA") and percutaneous transluminal angioplasty ("PTA") devices (including balloon and atherectomy catheters) while expanding the clinical applications for which PTCA and PTA are appropriate. The development of superior PTCA and PTA catheters requires the resolution of several performance parameters, including catheter profile diameter, trackability (the ability to follow the paths of tortuous arteries) and pushability (the ability to push through tight strictures). Meeting these objectives requires expertise in a number of technical disciplines that the Company must develop and retain internally. The development of the OmniCath, OmniStent and Evert-O- Cath. Research and development efforts for the foreseeable future will be focused on the Company's core technologies which include balloon catheters, OmniCath, OmniStent, blood filter and Evert-O-Cath drug delivery system. ABMI anticipates that research and development expenses will increase as products approach commercial viability and may be funded by increased revenue generated through Cathlab Division sales, from the sale of ancillary technology or through joint development agreements with Strategic Partners. They have great products in the pipeline and some big boys could be looking. I agree with Jeff what a great time to load up. Do your DD call the company check Edgar. Why this stock is a bargain. Regards, R.T * World Com Developmental stage went for $62 million, ABMI could be worth a lot more.