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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: Jack Siegel who wrote (322)3/17/1997 10:45:00 AM
From: andreas fauler   of 708
 
hi everybody,
and then it got calm around Palomar Medical Technologies...
although things happened the way the investors liked them to be,
zhe stock price did't head to the sky...
i have really no imagination what could force PMTI to go up in the nearterm!
i think they will not meet earnings and we will see a revision of
the FY97-earnings-estimates which will gravitate pmti even more to the ground! NEXR ipo seems to be far away after it has been cancelled two times!
my confidence on pmti and the whole market is weakened and i'm ready for the fall...
f
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