Palomar Medical Technologies, Inc. Message Board

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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: Cynthia L. Slezak who wrote (534)	9/12/1997 4:29:00 PM
From: hoffy	of 708

looks like something is up. It closed right near it's high for the day with no signs of weakening. I've heard rumors of a buyout or maybe some news of contracts at the annual shareholders meeting on Monday. All are rumors though but with the volume and the price increase something is up. I bought at the close today just based on the volume and the possibility of a further rise next week on some news. it looks like a strong possibility and if it opens strong on Monday and the price continues to rise I will be adding more. Also I noticed that 500,000 shares traded in the last 3-4 minutes of trading. Anyone see any big buys go by. This could be a gapper on Monday. IMHO I think a buyout would come in the 5-6 region. I know some people who bought at higher proces might not be happy but 5 or 6 is better than the 2 it was at two days ago.

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