PLSIA (Premier Laser Systems) Message Board

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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: Louis Riley who wrote (822)	6/24/1997 7:37:00 PM
From: Louis Riley	of 1773

Some facts I learned today: Premier will submit their Centauri laser trial results on children to the FDA on July 2. If the FDA agrees with them that the results are not significantly different than the trial results for adults, approval may come very quickly. There is definitely research coverage coming from some major Wall Street firms. The company's press release on Friday only addresses orders. The company makes the following distinctions: booking: a sales order from a salesman in the field. These were not discussed in Friday's press release. Expect to hear more about these soon, though. order: a booking that has been followed up with a $5000 deposit and proof of an acceptable financing source. sale: an order that has been shipped to and received by the customer. This is when revenue is recognized. Sales will be reported in the July earnings report. Dr. Cozean is in NYC today telling the company's story to several institutional investors. Remember what I said from the start - this is a position trade that may take all summer to unfold. Louis

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