Prime Medical Systems, Inc.(PMSI) Message Board

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Biotech / Medical : Prime Medical Systems, Inc.(PMSI)

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To: john adriaan kolenberg who wrote (55)	3/16/1997 1:43:00 PM
From: Mark Fleming	of 210

To all: I read something in the Seattle Times that I kinda agree with. The columnist was quoting Steve Leuthold of the Leuthold Group. He wrote: "As long as indexing continues to grow, it will be an uphill battle for smaller-cap stocks to outperform large caps, regardless of greater earnings growth potential for small caps as a class." "...stock market now above all past valuation extremes...Ultimately, a big bear market is out there, but shorter term the market may go higher." I know...more doom and gloom. Sad to say, we all may have to endure a general downturn in the market before investors pay more attention to solid small caps like PMSI. At least most of us in PMSI have probably already endured our drop although who can say whether or not more may eventually follow. It stands to reason though, that some of the current highflyers should take the biggest bite if and when the bear appears. As for me, I don't have the time, resources or skill to try and time the market, so I continue to sit it out. I'm still confident PMSI will go from point A to point B but we may have to follow a few more twists in the road yet.

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