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Biotech / Medical : Palomar Medical Technologies, Inc.
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To: Ted Molczan who wrote (463)4/22/1997 11:05:00 PM
From: James K. Webster   of 708
 
Web sites provided are informative , not Palomar as you indicate. This link is from the first Web site for techie info. Laser surgery is a futuristic and slowly developing market. How can you say this is propaganda as in ;

bae.ncsu.edu

These sites provide a vast sourse of information pointing to such laser utilization by

MGH Laser Center
American Society for laser medicine & surgery, Inc.
Australian Society of plastic Surgeons
Thermolase

Agreed that Palomar stock is low, I'm not shorting. All I'm saying this company is going to be a booming Enterprise in the laser market. They do not only manufacture hair removing lasers. They are not exclusively in Lasers.

The market is taking a beating right now and Palomar stock is only reflecting the market and as a potential risky venture its stock price is comparative to the way of the market. You must admit this company has not shown a positive PE for some time yet many large financial holding companies and banks are keeping this company afloat. I assimilate thier progress to that of the space program, did we quit when one rocket blew up, lose a 100 million dollar satelite do they still build them ?

Time and earnings I agree and at the current price I have plenty of time because this is a steal.
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