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


To: M.S.H who wrote (1531)7/29/1998 2:34:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2887
 
I love you too....Man.....

Listen we both know it's up to American BioMed to deliver for investors, not me. Sure I can put a positive spin on any press release or event. I admit that it appears I have been overly enthusiastic. I mean I have said I think ABMI might be acquired. Gee I even looked at a chart and said I think the stock has turned higher and is a great buy.

Sometimes I'm right about things, sometimes I'm not. You would call it hype, while I would call it optimism. In the long run I may still end I may still end up being right. I mean ABMI has been as high as $1 twice since I started this thread and it is still higher than anyone could have bought it on that day.

Listen, I'm going to go way out on a limb here and say I believe you are simply a disgruntled investor who has lost money on your ABMI investment. Guess what?

I'm losing money too.

We are in a terrible market for small and microcap stocks. Now, thanks to Mister Greenspan's last speech even the larger issues got hit. That's a simple fact that has nothing to do with any of us. What I am seeing is low volume on almost every small cap issue I follow and no real strength in these stocks as a group at all. Am I worried? Of course I am but do I think the market will turn and ABMI will head higher.

Do I feel responsible for your dislike of me or ABMI? Not at all. Your hate of American BioMed is very obvious. Somehow you are trying to make me responsible for losses you incurred? It's not going to fly.

No way. All of you guys had problems with ABMI long before I got into this stock. Maybe your reasons to be so negative are valid but any losses you have taken in ABMI have nothing to do with me. Now if KIWI was to get upset at me, well that would really hurt. The fact is that like it or not ABMI has cash available to move forward into the future. Making progress takes time no matter what company you are invested in. I think ABMI will continue to make progress and that progress will be reflected in the stock price.

The downside risk is very limited in ABMI now. I feel like ABMI is a great buy. I know you don't agree. That's fine but lets stop bashing each other and move on. If you want to complain to anyone pick up the phone and call Steve Rash.

Regards, Jeff