BRET MICHAELS Stabilized After Brain Hemorrhage

Bret Michaels is awake, in good spirits and talking.

Ambre Lake, the Season 2 winner of "Rock of Love," tells TMZ she's spoken with people who are close to Bret who say he's stabilized and conscious.

Lake's tale matches another contestant who has also spoken with Bret's bandmates.

We're told the next 24 to 48 hours are critical -- Bret will be closely monitored.