Palomar Medical Technologies, Inc. Message Board

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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: Ted Molczan who wrote (437)	4/9/1997 10:28:00 PM
From: James K. Webster	of 708

Ted, You are quite informed and or must scan the internet on a regular bassis. Or, you are a trader and are reading info we are not prevy too. I have been quite patient with pmti and will remain so. I do not think you are being fair to the other readers because pmti stock is dropping rather abruptly. Anyone with some sence of the market knows that this dive was due some time ago because there is too much money in the system. PMTI is a fairly new company, high tech with many expenditures and is growing at an incredible rate. This is not a stock to short as i think a lot of investors are doing. In a stock crash, what ever the term is these days a company not solid will slide back quite a bit because of investor fear not company performance. This company is not run by a group of quacks. I think its a shame that some people are going to lose there shirts just because they cant wait. I am very curious what you thought of chrysler when they were doing absolutely poor. I made a killing off it because I have patience. Again, Pmti is not only a lazer and only one lazer company. It is quite deversiffied and high tech. I primarily jumped in for there SIMM manufacturing and not the lazers. Once I learned of the lazer back ground that was a plus. If you note an earlier note I believe people fear dictate the market. I personnally am enjoying it because I never thought it would get this low. And it might go lower after the market correction this stock will be up. I advise sit back and wait, you only lose when you sell. The market can go up and down but you make or break when you sell. My thoughts for what there worth, Jim

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