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

To: Commgod who wrote (1468)	7/16/1998 12:18:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 2887

Sorry, it's a joke from one of my earlier investment mistakes. Mr Fisher has been something of a big wheel in the software game business. He still has some tremendous connections and is widely respected by those who know him. Anyway, I feel in love with the hype created by the ex CEO of Electronic Arts , Mr Trip Hawkins(Don't mention my name around Trip!) when he started a new video game platform a few years ago, the 3DO multiplayer. Today THDO is turning out some pretty decent PC games but a while back they were still hoping to dominate both the software and hardware business. The M2 was supposed to be the next generation machine with performance numbers that would have far exceeded the Sony Playstation or the Nintendo 64. Alas, it never happened as THDO sold off their hardware division and yours truly sold his THDO shares at a loss but decidedly higher than today's close of the stock. You know sometimes there is a good time to take a loss. Jim tried to tell me this about THDO and although I got out with more than he thought I would, I lost money. Jim is a pretty wise investor and we could all learn a lot from him. He buys low and he sells higher. Point being, he wants to see ABMI higher. Most of us who read or post on this thread do as well. I have no qualms about the future of ABMI. I know it will head higher again. Perhaps sooner than most people think. Heck we even closed up today. The bottom line is that we should none of us marry ourselves to a stock. In the long run it's your money, not your spouse, and even though I think today would have been a great time to buy ABMI, it could get even cheaper. However, odds are it will double again from here this year. ABMI will deliver that much at least, maybe much more, especially if some of the rumblings that I hear on the horizon become fact instead of what mantle7 would have you believe is nothing but fiction(dishonesty.) Regards, Jeff