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

To: Brenda L. Greer who wrote (1562)	8/1/1998 11:04:00 AM
From: greg Benfield	Respond to of 2887

Earnings are coming out in a couple weeks so this means a couple of things will probably happen. ABMI always publishes press releases the week before or the week after (sometimes both) an earnings report. I think they do it to cheer us up after letting us down. This is my theory on the possibility of press releases we could see and their likelihood: 1. ABMI announces a new distributor somewhere in the world. (Very likely...this is their old standby) 2. ABMI announces a new OEM deal (Lightning striking twice...I do not think so) 3. ABMI announces the phase II successes of a device or patent submission for a new device (Possible...not a revenue generating statement...but it says hey we are doing something) 4. ABMI announces a new employee (Likely...the ever-expanding distributor base needs inside support) 5. ABMI announces CE Mark (So So...if they got it they would announce it right away...might happen during earnings..but they would not save it) 6. ABMI announces J&J will be buying them (Not likely...unless I am sleeping...then it is usually a nude Pamela Lee Anderson instead of the girl on CNNFN doing the announcing) 7. ABMI wins lawsuit versus Dr. Summers (Only a matter of time) 8. Steve Rash and Dr. Summers go one on one at the Celebrity Death MAtch on MTV ( I am sorry I am digressing) As you can see...it could be one of many. Still Long...BTW...I am sorry to hear some of the people who took a loss on this stock. Currently I am down also...I do not blame you...this one seems to always fail....but I am holding out and maybe J&J or AVEI will buy it...or maybe just maybe THEY WILL MAKE A PROFIT. (one day)