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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: K-MAN who wrote (487)5/15/1997 5:33:00 PM
From: jeeza   of 708
 
more BS from the scum bags

there were plenty of analysts from the industry who were present at the conf ....all with good questions

all we heard was BS and hype
one more IPO ...big contracts ...blah blah blah

NOT ONE OF THE DIRECTORS is purchasing the stock at these levels
WHY SHOULD YOU ????
directors are still drawing BIG FAT pay checks
ofcourse CASH is better than PMTI stock
PMTI will require more capital later in the year
share-buyback is just to mislead public

they may do some "creative financing" ....u know what that means

till they throw out steve the scumbag and stop their greed and show earnings..not one of the securities firms is going to buy this dog

LITIGATION may drive this baby to bankruptcy...their so called patents are not safe nor is their technology superior to market products

I felt sick hearing them hype the Centers of Excellence
NOT ONE CONTRACT/DEAL announced in last 6 months

this stock will move to 4 or 5 in short term if they announce one more Mega letter of intent....yer only LOI ...NO DEAL

waiting to short again

PMTI = scumbags ....it stinks
they have not changed a thing

checked Instituitional holdings
travellers group which held 10% in oct now holds 0.39%
total instituitional holdings have dropped from 22% to about 5-6%

neaxr IPO is finding it hard to get buyers....underwriters are holding the stock at $9 ....just waiting to short this one when they have finished distributing it among SUCKERS

good luck with this dog...it has rabies
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