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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: BostonView who wrote (3971)7/31/2000 11:44:16 AM
From: bob beck  Read Replies (1) of 4140
 
BV: Met Bruce Sands at the ODP meeting in January. Was incredibly optimistic about the whole situation concerning sunrise. I believe his new agreement shows his optimism for the very fast acceptance of the procedure and the very fast runnup of the stock price in short term. At 4% per procedure royalty it would take years for his investment to increase to what is expected very soon. If the stock, within a year hits the 50-75 range, which is entirely possible if you've done your DD, he can realize 50+ million in profits. In addition, the company has 4% additional revenue to the bottom line. I think he made a very smart move and his reasoning bodes well for this company.

Regards,

Bob
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