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Biotech / Medical : SNRS- Sunrise Technologies

SNRS 0.000001000

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Nov 25 9:30 AM EST

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To: WILLIAM BLACK who wrote (1675)	10/6/1998 11:23:00 AM
From: Joe	of 4140

FYI The Red Chip was actually out last Friday. Target price was $14 in 18 to 24 months. This is a little bit better than the target in the Penn Merchant Group report of 9/15/98 which was $9 to $12 in the next 15 months. Red Chip's sales estimate is 3x that of PMG for 1998, i.e., $1.5M vs. $500K. But it is lower for 1999, $4.7M vs. $6M from PMG. Joe

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