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Biotech / Medical : SNRS- Sunrise Technologies

SNRS 0.000001000

0.0%

Jun 6 11:01 AM EST

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To: BARRY ALLEN who wrote (2922)	7/31/1999 7:35:00 PM
From: nab	Read Replies (1) of 4140

You know what is also strange? I was trading SNRS on 7/27 when the following release from Avalon was posted and the price had never reached $4.00 as stated in the news, it was if I remember correctly only $3.50 and I wondered what kind of scheme was being laid and played... <begin quote> July 27, 1999 11:32 Avalon Research Group Inc. Changes Sell/Sell Short Sunrise Technologies International Recommendation To Neutral BOCA RATON, Fla., July 27 /PRNewswire/ -- The following is being issued by Avalon Research Group Inc., a member of the National Association of Securities Dealers, CRD number 39815: Avalon Research Group Inc., an institutional research firm and registered broker/dealer changes its sell/sell short opinion for Sunrise Technologies International, Inc. (Nasdaq: SNRS) to neutral. In a research update following the SNRS's unsuccessful appearance at the July 22, 1999 FDA Ophthalmic Devices Panel review, Avalon recommended that its investors cover their short sale positions. Avalon's target price of $4.00 was exceeded. <end quote> Very Strange Indeed... Where is that "SEC butt microscope" when you need it? NB

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