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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.64-0.2%Jan 2 4:00 PM EST

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To: Jibacoa who wrote (2641)10/15/2009 2:43:52 PM
From: Jibacoa   of 3722
 
SLTM opened with a good UG today and is still up 17.86% with volume now of > 1,278,700 about 13x its ADV.

bigcharts.marketwatch.com

It announced today that it has received FDA clearance for the new Fraxel re:store Dual laser system.
It takes the industry leading fractional laser technology to the next level by adding a novel 1927 nm wavelength, the first ever application of a Thulium laser in the aesthetics market.

It is optimized for both on face and large body areas to address clearance of pigmentation and other superficial skin conditions all in a single treatment.<g>

SLTM revenues were good on the first 2Qs, but the earnings on the 2ndQ were 52% lower.However, it is expected that the pending 2Qs results will show a better comparison on earnings.

SLTM has been trading close to BV, it has NLTD and has a small +CF.
In Dec2008 it acquired Reliant Technologies.

It seems that with some further good news, the stock could make it to the $4 level.<g>

bigcharts.marketwatch.com

Bernard
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