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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: jeeza who wrote (171)1/29/1997 5:50:00 PM
From: Dr. Dennis J. Wydra   of 708
 
Dear Jeeza,

It sounds good, but no one addressed why they are being sued by their financial advisor. Their executives appear insensitive to us, and at this time, they are the only ones reaping the profits.

My stock broker has lost all confidence in them and I dumped my stock today. If you look at the DOW when Palomar was at 15, it was in the 5000 range. Now that the DOW is in the mid 6000 range, Palomar is sliding backwards. Something is wrong with this company. Yes, I know they may go up, but I don't believe they will ever stay up.

Dennis
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