Staar Surgical -- know anything about it? Message Board

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Biotech / Medical : Staar Surgical -- know anything about it?

STAA 26.59

-2.0%

3:59 PM EDT

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To: Richard N Lambert who wrote (131)	7/6/1999 10:26:00 AM
From: geoffrey Wren	Read Replies (1) of 133

Tuesday July 6, 8:34 am Eastern Time Staar Surgical rejects unsolicited bid MONROVIA, Calif, July 6 (Reuters) - Staar Surgical Co. (Nasdaq:STAA - news) said Tuesday its board has rejected an unsolicited bid from an unnamed company for between 51 and 100 percent of the company's outstanding shares at $15.00 cash per share. The company initially disclosed the offer on June 28. Staar, a refractive, cataract and glaucoma surgery device maker, said the offer was inadequate and not in the best interests of shareholders. Shares of Monrovia, Calif-based Staar closed on Friday at $13-1/2 on the Nasdaq. _______ Well, that was interesting, wasn't it. Stock price sure went up before disclosure of the offer. Hopefully it will at least stick up her at 13.5 This board is getting too quiet. Geoff Wren

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