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Transaction Details

Company: Abiomed
Ticker:abmd
Yahoo Beta:0.61
Industry:Medical Equipment and Supplies

Company Description:  Abiomed, Inc. is a developer, manufacturer, and marketer of medical products designed to safely and effectively assist or replace the pumping function of the failing heart.

Purchase Date:13 Mar 2002 Sale Date:28 Aug 2002
Purchase Price:$9.99 Sale Price:$5.16
  --Split Adjusted:$9.99  --Split Adjusted:$5.16
Shares Purchased:200 Shares Sold:200
  --Split Adjusted:200  --Split Adjusted:200
Transaction Fee:$66.21 Transaction Fee:$64.89
Price Range (6 Months Prior):    Price Range (6 Months After):    
High$23.15 High$0.00
Date25 Oct 2001 Date01 Jan 1996
Low$9.66 Low$0.00
Date05 Mar 2002 Date01 Jan 1996
S&P (Purchase Date):$1,154.09 S&P (Sale Date):$917.87

Purchase
Timing:  The stock is near its low. A patient using the companies new product recently died.
Reason:  We feel this is still a solid company. The stock price is deflated because of the recent patient death and we expect it to rebound as more study continues.

Sale
Timing:  
Reason:  Company slowed trials; no prospect for revenues in the forseeable future.

S&P Gain: -20.47 % Annualized Gain: -39.2%
Stock Gain: -48.35 % Annualized Gain: -76.2%

Dividends:$0.00
Net Holding Return ($): $-1,097.10
Net Holding Return (%): -53.15 %