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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: Pluvia who wrote (930)7/25/1997 12:12:00 AM
From: kvogel   of 1773
 
I've confirmed 3 sales by 1 dir. and 2 officers of a total of 40,000 shs. at 11+ prices. Total amount of money was less than $.5 mill so it's not the end of the world. I don't believe it was their whole position unless they had small positions. I've seen bigger selling in many stocks so I wouldn't read too much in these sales. Clearly, there are issues concerning the ultimate success of PLSIA laser systems and that is what is holding the stock back. ADLI is also weak even though they made $.18 for the current quarter. Dentists are not rushing to buy and PLSIA can't even produce that many systems. BUT the future of dentistry will include these companies so patience will pay off.

Karl
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