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Biotech / Medical : Palomar Medical Technologies, Inc.

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From: John Brickman5/31/1996 5:45:00 PM
   of 708
 
John:

I don't really have much info, but Palomar looks too good to
let this board die. The stock appears to be basing nicely after last
week's run. I'm looking to buy more early next week.

I'm sure you also follow PMTI's laser competitors (TLZ and
SLVC/LAS). SLVC's Classy Lady announced filing of hair removal laser,
and LAS reported good earnings today. Both stocks were up nicely.
I was in Slvc a while back for a quick double. Meant to get back in
when it pulled back but didn't (damnit). Thermolaze appears to be
hearing the footsteps. It was off 1 1/4 today. Maybe its getting
harder to justify the $1.5B cap in light of competition and lack
of earnings. I have been short TLZ for a while now, and thats how
I happened into Palomar.

Still trying to get more info on electronics products. The
writeup of Nexar computers in IBD shouldn't hurt our cause, but I
would sure like to get some hands on experience. Do you have any
first hand experience with them or with New Media products? Also,
have you located any info on LMTI?

Got to go now. Keep up the dialog,
Brick
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